It includes a 5% corporate tax rate for up to 15 years for companies in advanced sectors. The Johor State Government and Malaysia’s Ministry of Finance (MoF) have announced a tax incentive package for the newly established Johor-Singapore Special Economic Zone (JS-SEZ),

Malaysia and Singapore announced on Tuesday an agreement on a special economic zone in the southern Malaysian state of Johor, aiming to support investment and free up movement of goods and people between the countries.