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ISKANDAR PUTERI: The Finance Ministry is expected to announce incentive packages for the Forest City Special Financial Zone in the coming months, says Johor Mentri Besar Datuk Onn Hafiz Ghazi .
He added that offering attractive fiscal and non-fiscal incentives such as corporate tax exemption, special income tax rates for talents and stamp duty exemption was crucial to attract investors into the SFZ. This includes New York, London and Singapore to look at their banking and financial services and Islamic financial centres like Dubai that offer Syariah-compliant banking services.
Forest City Finance Incentives Mentri Besar Onn Hafiz Ghazi Johor State Assembly
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