Slew of incentives for companies moving to TRX, including tax exemption, says PM | TheStarTV.com

Slew of incentives for companies moving to TRX, including tax exemption, says PM

Published on 23 Feb 2024 3:08:44 PM

At the launch of the International Financial Hub at TRX in Kuala Lumpur on Friday (Feb 23), Prime Minister Datuk Seri Anwar Ibrahim said the government had come out with a slew of incentives to encourage more companies to move their bases to TRX.

These include industrial building allowance, tax exemption for 70% of the statutory income for five years for property developers and stamp duty exemption for loan and service agreements.

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Keywords
news, trx, tun razak exchange, malaysia, kuala lumpur, international financial hub, anwar ibrahim, mof inc, development, economy, incentives, tax exemption

At the launch of the International Financial Hub at TRX in Kuala Lumpur on Friday (Feb 23), Prime Minister Datuk Seri Anwar Ibrahim said the government had come out with a slew of incentives to encourage more companies to move their bases to TRX.

These include industrial building allowance, tax exemption for 70% of the statutory income for five years for property developers and stamp duty exemption for loan and service agreements.

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
news, trx, tun razak exchange, malaysia, kuala lumpur, international financial hub, anwar ibrahim, mof inc, development, economy, incentives, tax exemption

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