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Malaysia Introduces Joint Incentive Package with Singapore for Investment in Advanced Sectors

|Approved Changes|Malaysia-Singapore
Malaysia-Singapore

Malaysia's Ministry of Finance has announced the introduction of a joint incentive package with Singapore. The Johor-Singapore Special Economic Zone (JS-SEZ) provides, among other things, a special corporate tax rate of 5% for 15 years for companies undertaking new investments in advanced sectors such as Artificial Intelligence (AI), quantum computing, medical devices, aerospace manufacturing,…

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