Budget 2025: Forest City approved as a duty-free island to support tourism activities 

Published on 18 Oct 2024 6:17:46 PM

Forest City has been designated as a duty-free zone to support the local tourism and economy.

Tax packages and a Single Family Office (Skim Pejabat Keluarga Tunggal ) scheme have been announced for the Forest City special financial zone.

The Securities Commission will handle approvals for residential and employment passes related to investors.

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