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

Cutting, shaping and finishing of stone

Cutting, shaping and finishing of stone

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
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

包括

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

不包括

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 & 预扣税

SST豁免
需要电子发票

风险等级

低风险

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

政府拨款

SME Corp合格

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 23960。请在电子发票的分类字段中使用此代码。

SSM activity-description generator