Section C · Manufacturing/Activity (5-digit)
30120

Building of pleasure and sporting boats

This activity involves the construction of various types of pleasure and sporting boats, including yachts and motorboats. It also encompasses the manufacture of inflatable boats and rafts, which are designed for recreational use.

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 30120 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

包括

manufacture of inflatable boats and rafts

不包括

manufacture of parts of pleasure and sporting boats: manufacture of sails, see 13922; manufacture of iron or steel anchors, see 2599; manufacture of marine engines, see 2811. manufacture of sailboards and surfboards, see 3230. maintenance, repair or alteration of pleasure boats, see 3315

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 30120。请在电子发票的分类字段中使用此代码。

SSM activity-description generator