Forest City Special Financial Zone (FC-SFZ) Tax Incentive

Forest City, Johor is rising as Southeast Asia’s next international business hub — strategically located just 50 minutes from Singapore via land connection. Offering world-class infrastructure, integrated commercial zones, and exclusive tax incentives, Forest City is designed for entrepreneurs and corporations looking for an efficient, cost-competitive gateway to Asia.

Whether you’re expanding your fintech operations, setting up a regional HQ, or exploring new global business opportunities, Forest City offers a unique advantage: Singapore-level accessibility, Malaysia-level cost efficiency.

FC-SFZ Tax Incentive Application Service

Unlock exclusive tax benefits and bring your business into the Special Financial Zone.

What is the FC-SFZ Tax Incentive?

The FC-SFZ Tax Incentive is a government-approved tax scheme designed to attract companies involved in:

• Fintech-related activities

• Financial Global Business Services (FGBS)

• Foreign Payment System Operators (FPSO)

Approved companies enjoy:

• 5% special corporate tax rate for 10 consecutive years

• Option to extend for another 10 years (subject to requirements)

This initiative positions Forest City as a competitive international financial hub that attracts global companies, investors, high-net-worth individuals, and skilled professionals.

MDEC (Malaysia Digital Economy Corporation) is the appointed agency responsible for processing applications.

Who Can Apply?

Eligible companies must:

1. Be incorporated under the Companies Act 2016 and be a tax resident in Malaysia

2. Have minimum paid-up capital of RM50,000

3. Conduct qualifying activities within Pulau 1, Forest City

4. Not have issued sales invoices in Malaysia related to that qualifying activity before applying

   • (Or, if ≥ 60% Malaysian-owned, not issued invoices more than 12 months prior)

5. Not receive any other tax incentives for the same activity

Our Service

We provide end-to-end support:

• Eligibility assessment

• Advisory & document preparation

• Submission to MDEC

• Application follow-up until approval

Begin your application with confidence — we’ll handle the process for you.