KUALA LUMPUR, Oct 12 (Bernama) -- The enhanced Global Services Hub (GSH) tax incentives under Budget 2027, including the five per cent tax rate on qualifying income for eligible new companies, are expected to strengthen Johor’s appeal as a regional business hub, said Iskandar Investment Bhd (IIB).
Business : GSH Tax Incentives To Boost Johor's Appeal As Regional Business Hub â IIB
Budget 2027, IIB, GSH, JS-SEZ, Khazanah Nasional,
Key points
- In a statement today, IIB said the measures were particularly relevant to the Johor-Singapore Special Economic Zone (JS-SEZ).
- IIB, which is 60 per cent-owned by Khazanah Nasional Bhd, is an investment holding company responsible for spearheading the strategic development of Iskandar Malaysia, with a primary focus on Iskandar Puteri.
- Its president and chief executive officer, Datuk Idzham Mohd Hashim said Budget 2027 strengthens Johor’s position in attracting investments, particularly in higher-value regional business operations.
Sentences selected automatically from the original article by Bernama.
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