http://www.idr.com.my/
June 2009
Initial Incentive and Support Package (ISP) in Iskandar Malaysia
These incentives, announced on March 22, 2007, are designed to encourage and kick-start early investment into Iskandar Malaysia focusing on the targeted 6-services based sectors at designated nodes.
They are:
- Corporate tax exemption for 10 years
- Exemption from FIC ruling
- Allowed to source capital globally
- Allowed to employ foreign workers without restrictions
- How to qualify for ISP in Iskandar Malaysia?
In order to qualify for the above incentives, the company must be an IRDA-status company. There are two general criteria to fulfill in order to qualify as an IRDA-status company, namely:- Must be involved one of the following six activities:
- Creative industries
- Educational services
- Financial advisory and consulting services
- Healthcare services
- Logistics services
- Tourism related activities
- Be situated in the designated IRDA-approved zones
- Must be involved one of the following six activities:


