This chapter examines the legal framework environment for doing business in Sarawak, focusing on new sales and purchase agreements, goods and services tax, foreign property investment, minimum wage policy and the variety of visa options available to foreigners. It also contains a viewpoint from Alvin Wong, Managing Partner, Sia, Alvin Wong & Partners.
This chapter gives an overview of taxation in Sarawak, which is governed by the general policies of the Malaysian federal government. Key areas of focus include double taxation agreements, corporate tax, investment tax allowance, incentives and green technology tax exemptions.
In common with governments around the world, issues such as rising costs, demographic shifts, technological advances in care and delivering equitable health care to both rural and urban populations are posing challenges to Sarawak’s health authorities. Of the state’s inhabitants, 44% were considered rural in 2013. Yet it has only one major public hospital, Sarawak General, located in the...
The development of high-tech industries is a key part of the Malaysian government’s long-term development strategy, the Economic Transformation Programme. Numerous programmes have been launched in Sarawak to develop ICT, with participation between public and private sector players recognised as a key component of success. While Sarawak’s ICT sector is clearly moving towards the goals set for...
The Malaysian government is committed to transforming the country’s education system to produce a cadre of graduates armed with the creative and critical thinking skills necessary to thrive and lead in the 21st century’s increasingly international workplaces. The approach is tailored to each area of the country. In Sarawak, which has a higher proportion of rural schools than Peninsular...
Slightly more off the beaten path than South-east Asia’s mainstream holiday destinations, Sarawak has plenty to offer those seeking a slightly less conventional travel experience. The state is positioning itself as a culture, adventure and nature destination and also looks to increase its share of the globally lucrative meetings, incentives, conferences and exhibitions market as organisers and...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×