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To open a sole proprietorship in Sarawak, Malaysia, you need to follow these steps:

  1. Choose a business name and ensure it is available for use by checking with the Registrar of Business Names.
    Business Name Registration guide here
  2. Obtain a Business Registration Certificate from the Registrar of Business Names.

    To obtain a Business Registration Certificate from the Registrar of Business Names in Sarawak, Malaysia, you need to follow these steps:

    • Submit an application form to the Registrar of Business Names along with the required fee.
    • Provide proof of your business name, such as a copy of a trade license or company registration certificate, if applicable.
    • Provide a copy of your identity card or passport, as well as proof of address, such as a utility bill.
    • Provide a detailed description of your business, including the type of business, location, and nature of the products or services offered.
    • Wait for the processing of your application, which typically takes several days to a week.
    • Once your application has been approved, you will receive a Business Registration Certificate, which will serve as proof of your registered business.

    Note: Requirements may vary depending on the type of business you plan to operate, so it is advisable to seek advice from a legal professional or government agency before starting your business.

  3. Register with the Inland Revenue Board of Malaysia and obtain a Tax Identification Number.
  4. Apply for any necessary licenses or permits, such as a trading license, if required for your specific business.
  5. Set up a business account with a local bank.
  6. Comply with all relevant regulations, including those related to employment, health and safety, and environmental protection.

Note: Requirements may vary depending on the type of business you plan to operate, so it is advisable to seek advice from a legal professional or government agency before starting your business.