Section C · Manufacturing/Activity (5-digit)
23960

Pemotongan, pembentukan dan penyiapan batu

Cutting, shaping and finishing of stone

Pemotongan, pembentukan dan penyiapan batu

Open · licence threshold

Manufacturing companies with shareholders' funds >= RM2.5M OR >= 75 full-time paid employees require a Manufacturing Licence from MIDA. 100% foreign equity is permitted.

Foreign equity
100%
Licence threshold applies
Capital floor
RM 2.5M
Minimum paid-up
Key licences
2
1 mandatory
Setup timeline
8–12 wk
Foreign Sdn Bhd via Emerhub
Set up for this MSICOne-business-day quote · MSIC 23960 pre-filled
Investment policy

Foreign ownership rules

Foreign ownership rules

  • Manufacturing Licence (ICA 1975)open-with-licenseMIDA

    Manufacturing companies with shareholders' funds >= RM2.5M OR >= 75 full-time paid employees require a Manufacturing Licence from MIDA. 100% foreign equity is permitted.

    Paid-up min: RM2,500,000
    Source

Sourced from MIDA sector booklets and respective regulators. Verify the latest rules with the regulator before investment decisions.

What you'll need to apply for

Licences & permits

Licences & permits

Specific to this activity
Mandatory
Conditional
Common requirements for most Malaysian businesses6

Have Emerhub file every licence above for you

We'll prepare the forms, liaise with each agency and track approvals — bundled with Sdn Bhd setup. Agency fees are paid to the issuing authority; our service fee is quoted separately.

Get a quote

Source: MalaysiaBiz / BLESS licence catalog.

For SSM registration

Activity details

Termasuk

cutting, shaping and finishing of stone for use in construction, in cemeteries, on roads, as roofing, etc.

Tidak termasuk

production of rough cut stone, i.e. quarrying activities, see 08101. production of millstones, abrasive stones and similar products, see 2399. activities of sculptors, see 90003

SST & Cukai Pegangan

Dikecualikan SST
e-Invois Diperlukan

Tahap Risiko

Risiko Rendah

Capital Allowance: Eligible for Heavy Machinery rate (20% Initial Allowance / 20% Annual Allowance).

Geran Kerajaan

Layak SME Corp

Eligible for SME Corp manufacturing grants and industry development programmes.

e-Invois (MyInvois)

Kod MSIC 23960 diperlukan semasa mengeluarkan e-invois melalui LHDN MyInvois. Gunakan kod ini dalam medan Klasifikasi e-invois anda.

SSM activity-description generator