Supported by pro-business government policies, Sarawak is a prime investment destination with its competitive tax rates, energy costs & infrastructure.
We have the most competitive electricity tariffs in ASEAN, these are estimated to be up to 73% below those of neighbouring countries
30% rebate on industrial land premium within 5 years of completion, with flexible land ownership terms.
National tax incentives, both direct and indirect, cover new investments in the manufacturing, agriculture, tourism and approved services sectors as well as Research and Development (R&D), training and environmental protection activities.
Income tax exemption of 70% or 100% for 5 to 10 years
60% or 100% of qualifying capital expenditure offset against 100% or 70% statutory income
60% of qualifying capital expenditure for 15 consecutive years, offset against 100% or 70% statutory income
Incentives for trading / services companies
Tiered income tax (5% or 10%) up to 10 years
100% tax exemption for high-tech industries for up to 5 years
Incentives for Malaysia Digital activities
- Income tax exemption or ITA
- Import duty/sales tax exemption
Sarawak, being part of Malaysia, benefits from Free Trade Agreements (FTAs) that promote trade and boost economic cooperation among ASEAN member states and key trading partners around the world.
Faster entry into international markets
Increase import and export activities
Lower transaction costs
Improved investment protections
Less or no custom tax