Malaysia, Forest City
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.
Malaysia offers tax breaks to revive Forest City amid stalled Chinese project
At the Friday launch of the previously announced Special Financial Zone for Forest City, the Malaysian government said that starting in the first quarter of 2025 it would offer tax breaks ranging from no taxes for some kinds of companies setting up there, to much-reduced personal income taxes for some individuals who move there.
Forest City Special Financial Zone Officially Launched
Discover the incentives of Malaysia's new Forest City Special Financial Zone, a cutting-edge hub offering tax breaks and financial incentives to attract global businesses and skilled workers.
Forest City first location in Malaysia to offer zero tax rate for family offices
Forest City will be the first location in Malaysia to offer a 0% tax rate for family offices, said Finance Minister II Datuk Seri Amir Hamzah Azizan in a press conference after the launch of the incentive package for Forest City Special Financial Zone by Johor Regent Tunku Ismail Sultan Ibrahim on Friday (Sept 20).
Malaysia unveils zero tax for family offices in Forest City, in bid to revive Johor project
The move is part of a slew of incentives aimed at reviving Forest City, a US$100 billion beleaguered development. Read more at straitstimes.com.
Malaysia announces tax breaks, incentives for Johor's Forest City
KUALA LUMPUR (Reuters) -- 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.
Malaysia dangles tax breaks to lure Asia’s rich to Forest City to revive China-backed 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 on Friday said it will offer a zero per cent tax rate to entice Asia's rich to set up family offices in the Forest City Special Financial Zone (SFZ),
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 ...
New Incentives Unveiled As Malaysia's Forest City Special Financial Zone Launched
( MENAFN - IANS) Iskandar Puteri, Sep 20 (IANS) New incentives were unveiled on Friday at the launch of the Forest City ...
Business Times1d
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 ...
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 ...
Malaysia’s troubled China-backed Forest City, to become special financial zone
The special financial zone in Johor will offer incentives to boost investment and economic growth, focusing on key export ...
The Independent Singapore4d
Why Sunway City Iskandar Puteri’s homes sold out in 2 hours while Forest City struggles
Forest City, a $100 billion development by Country Garden, continues to struggle with its “ghostly” reputation ...
Johor to become next growth centre
Industry players are buzzing over Johor’s econo­mic outlook following the announcement of tax incentives for the Forest City ...