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Malaysia dangles tax breaks to lure Asia’s rich to revive China-backed Forest City project
Malaysia is offering zero per cent tax to attract wealthy Asians into setting up family offices in the troubled Chinese-led mega project.
Malaysia dangles 0% tax carrot to draw family offices to Forest City special financial zone, outlines other incentives
The government is also offering lower income tax rates for foreign workers as well as concessionary corporate tax rates to attract international firms.
Forest City SFZ first in Malaysia to offer zero tax on family wealth offices
Forest City will be the first location in Malaysia to offer a zero tax on family wealth offices as part of its incentive packages. Finance Minister II Datuk Seri Amir Hamzah Azizan said zero tax on family wealth offices was among the incentives to turn Forest City a magnet for international capital.
Forest City SFZ incentives will boost Malaysia too, says MB Onn Hafiz
The incentives announced for Forest City Special Financial Zone (FCSFZ) will catalyse financial growth not only for Johor but Malaysia as a whole, says Datuk Onn Hafiz Ghazi.
Malaysia announces tax breaks, incentives in Forest City development to boost investments
Malaysia announced on Friday tax breaks and incentives for the troubled Forest City development, a $100 billion project backed by Chinese developer Country Garden Holdings, in a bid to lure investments and spur economic growth in the area.
22h
Malaysia set to launch Forest City Financial Zone, but will it lure businesses?
Industry insiders say the government must go beyond tax incentives to attract the firms needed to revive the troubled US$100 ...
2d
Malaysia set to launch Forest City’s special financial zone on Sept 20
Packages and incentives will be offered to insurance finance companies and others. Read more at straitstimes.com.
Business Times
1d
Malaysia to launch special financial zone in Forest City to woo investments, stimulate economic growth
FOREST City in Johor is set for a revival as the Malaysian government prepares to launch a special financial zone (SFZ) aimed ...
GitHub
1y
sfzlab/sfz-tools-core
Then use the available methods as normal.
3d
Forest City ‘special financial zone’ to be launched on Sept 20 in Johor
The Forest City SFZ and incentives to boost Johor’s economic activities were announced in 2023. Read more at straitstimes.com ...
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Forest City
Malaysia
Johor
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