Free zone Company Formation in Sarawak

Sarawak is not only a popular tourism destination with ultramodern skyscrapers, luxury shopping getaways, and lively nightlife, but is equally renowned for special economic free zones providing various lucrative benefits to expatriates and investors.

State-of-the-art business and telecommunications infrastructure, inexpensive workforce, easy recruitment policies, cosmopolitan lifestyle, government support, and no professional or personal taxes are just a few rewards foreign nationals get to open a company in Sarawak free zone. Free zone company formation in Sarawak is, therefore, a lucrative business opportunity for global investors.

Type of Companies That Can be registered in Sarawak Free Zones

There are predefined legal requirements and guidelines which need to be fulfilled to register a business entity in any free zone. SCBC Enterprise is a leading business consultancy in the Malaysia, and takes into consideration various factors like short-term and long-term company goals, investment capital, and cost & legal structure before suggesting you the right jurisdiction.

Depending on your business type and shareholder details, we can help you register your company as either of the following:

Free Zone Establishment (FZE) is a single-shareholder establishment (either an individual person, corporate shareholder, or a company)

Free Zone Company (FZCO) requires 2 or more shareholders to be registered (either individual, corporate shareholders, or companies)

Branch Office or Representative Office is an extension of the foreign parent company having same trading license as its parent company

Type of Licenses Available in Sarawak Free Zones

Depending on your business type and requirements, the team at SCBC Enterprise will help you obtain any of the following types of business licenses in a Free Zone of your choice.

• General Trading License: This type of license allows companies to trade in general goods. Products which are banned or need special approvals are exempted under this license
• Trading License: Also known as commercial license, it allows EFZ companies to perform all types of trading activities like buying, selling, and importing / exporting goods and commodities
• Service License: Companies which offer services like accountancy, consultancy, etc. are accorded with this type of license
• Professional License: This license is given to companies offering professional services, like HR management, PR relations, management consultancy, etc.
• Industrial License: Companies which carry out activities or businesses like manufacturing, goods processing, or product packaging are provided with Industrial license

Benefits of Business Setup in Sarawak Free Zones

Sarawak free zones are extremely popular among global entrepreneurs and business owners due to the bouquet of incentives they offer. At SCBC Enterprise, we understand the unique company formation requirements of our clients, and help them claim a piece of Sarawak’s tax haven and avail all advantages that come with Sarawak free zone company formation.

Here’s why you should setup business in Sarawak Free Zones:

• 100% foreign ownership
• 100% repatriation of capital and profits
• Duty free import and export
• Easy recruitment & visas procedures
• Flexible work permits
• facility to open bank account in Sarawak
• Facility to own properties
• State-of-the-art infrastructure and communication system

Contact SCBC Enterprise for Sarawak Free Zone Company Setup, Registration, & Incorporation

In order to form a company in Sarawak free zone, there are certain procedures and legal formalities to be followed. Our team is well aware of the government norms in Malaysia and does astute planning to assist our clients through different phases of the business formation. We help you:

• Register your company and avail the required business licenses
• Deposit the mandatory minimum capital amount in the bank for the chosen free zone
• Get documents signed by all shareholders to complete business incorporation formality
• Choose appropriate infrastructure depending on your business type
• Estimate and arrange for the staff to perform day to day business operations