Malaysia unveils tax incentives for companies and workers in Johor-Singapore SEZ – The Straits Times

8 Jan 2025

Zunaira Saieed

KUALA LUMPUR – Malaysia on Jan 8 announced tax incentives to draw investments to the Johor-Singapore Special Economic Zone (JS-SEZ), including a 5 per cent tax rate for companies investing in high-value activities.

In a joint statement, Malaysia’s Ministry of Finance and the Johor state government said the special 5 per cent tax rate for 15 years is for companies investing in qualifying manufacturing and services activities, such as those involving the artificial intelligence and quantum computing supply chain, medical devices and aerospace manufacturing.

Read more: https://www.straitstimes.com/asia/se-asia/malaysia-unveils-tax-incentives-for-companies-and-workers-in-johor-singapore-sez