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Single Family Office tax incentives legislated
The creation of the Forest City Special Financial Zone (FCSFZ) marks a significant milestone in Malaysia’s ongoing efforts to position itself as a regional hub for financial services, high-value services and investment. On 20 September 2024, the Honorable Finance Minister II officially launched the FCSFZ and announced a comprehensive package of incentives to attract global capital, talent and innovation. The incentive framework under the FCSFZ focuses predominantly on two key sectors, i.e., family offices and fintech-related activities.
On 3 October 2025, several gazette orders had been issued to legislate the incentives relating to Single Family Offices (SFOs). Kindly refer to the alert below for further details.