Manufacture of other basic iron and steel products n.e.c.
This activity involves the manufacture of basic iron and steel products that are not classified elsewhere. It includes the operation of facilities such as blast furnaces, steel converters, and rolling and finishing mills, which are essential for producing various iron and steel products.
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
- 3
- 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
- Iron and Steel Import and Export Licence (ISEL)Issued by Kementerian Pelaburan, Perdagangan dan Industri · Customs Act 1967; Customs (Prohibition on Import and Export) Order Amendment 2012Auto-mapped via semantic similarity (0.46)Fee: Free (6 months)Validity: 6 months
- Manufacturing Licence (MIDA, ICA 1975)Issued by Malaysian Investment Development Authority (MIDA) · Industrial Co-ordination Act 1975Required if shareholders' funds >= RM2.5M OR >= 75 full-time employees
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)
- Bomba Fire Safety Certificate (Sijil Perakuan Bomba)Issued by Fire and Rescue Department of Malaysia (Bomba)
- EPF / SOCSO / EIS Employer RegistrationIssued by KWSP (EPF), PERKESO (SOCSO), EIS
- Local Authority Business LicenceIssued by Local Authority (PBT)
- LHDN Employer Tax (E) RegistrationIssued by Inland Revenue Board of Malaysia (LHDN/HASiL)
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.
Governing legislation
Traced through the business licences these Acts govern.
Activity details
operation of blast furnaces, steel converters, rolling and finishing mills
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 24109。请在电子发票的分类字段中使用此代码。