What could be better if you can evade commercial taxes legally, target a huge trade market of RM$11 billion per annum in a regional industrial park with almost no bureaucratic hassles internationally? Here’s your answer.
Port Klang Free Zone (PKFZ), Asia’s regional industrial park situated at the straits of Malacca, the world’s busiest strait, Malaysia has been growing since its birth in June 2006. Foreign investors from all around the world flock to this regional industrial park due to its catchy perks; one of them are “Low cost, high profits, lucrative business, bright future.” This can be explained by their integration of commercial and industrial parks at the same area – Easing much trade motions and cutting heavy transportation costs.
Indulging in a free zone regional industrial park is much better than investing in less popular areas since it has access to so many other regions, continents besides providing excellent services at a low cost. Better yet if you haven’t noticed, PKFZ is a free zone. Meaning to say, not only you get tax exemptions on most of your products and/or services, but you get industrial allowances, 100% foreign equity, 100% repatriation of capital and profits and, incentives for R&D, training and export. If you’re thinking of getting your business set up in Asia, remember Asia’s regional industrial park, Port Klang Free Zone (PKFZ).
The sole reason why PKFZ is branded Asia’s Regional Industrial Park is because PKFZ proved itself worthy of becoming the one. Their competitive land prices of ready made units for rent, open lands for lease and business complexes for exhibitions, conventions and offices attracted many because apart from the low price, there are many facilities provided by PKFZ which would benefit not only the company but its staff as well. Among their benefits are child care centers, 24-hour security surveillance, ample parking space, well equipped bank, clinic, police and fire stations, food courts offering a wide variety of international and local delights, trade offices for forwarding agents, on site customs and other governmental services.