Manufacture of luggage, handbags and the like, saddlery and harness
Manufacture of luggage, handbags and the like, saddlery and harness
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%
- Capital floor
- RM 2.5M
- Key licences
- 2
- Setup timeline
- 8–12 wk
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: RM2,500,000Source
Sourced from MIDA sector booklets and respective regulators. Verify the latest rules with the regulator before investment decisions.
Licences & permits
Licences & permits
Common requirements for most Malaysian businesses6
- Sales & Service Tax (SST) RegistrationIssued by Royal Malaysian Customs Department (RMCD)
- Signboard / Advertisement Licence (PBT)Issued by Local Authority (PBT)
- Local Authority Business LicenceIssued by Local Authority (PBT)
- EPF / SOCSO / EIS Employer RegistrationIssued by KWSP (EPF), PERKESO (SOCSO), EIS
- LHDN Employer Tax (E) RegistrationIssued by Inland Revenue Board of Malaysia (LHDN/HASiL)
- Bomba Fire Safety Certificate (Sijil Perakuan Bomba)Issued by Fire and Rescue Department of Malaysia (Bomba)
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 quoteSource: MalaysiaBiz / BLESS licence catalog.
Activity details
manufacture of luggage, handbags and the like of leather, composition leather or any other materials where the same technology is used as for leather
manufacture of leather wearing apparel, see 14101. manufacture of leather gloves and hats, see 14109. manufacture of footwear, see 1520. manufacture of saddles for bicycles, see 3092. manufacture of precious metal watch bands, see 3211. manufacture of non-precious metal watch bands, see 3212. manufacture of linemen’s safety belts and other belts for occupational use, see 32909
SST & 预扣税
风险等级
Capital Allowance: Eligible for Heavy Machinery rate (20% Initial Allowance / 20% Annual Allowance).
政府拨款
Eligible for SME Corp manufacturing grants and industry development programmes.
电子发票 (MyInvois)
通过LHDN MyInvois开具电子发票时需要MSIC代码 15120。请在电子发票的分类字段中使用此代码。