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         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:

    1. Corporate tax exemption for 10 years
    2. Exemption from FIC ruling
    3. Allowed to source capital globally
    4. 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:
    1. Must be involved one of the following six activities:
      1. Creative industries
      2. Educational services
      3. Financial advisory and consulting services
      4. Healthcare services
      5. Logistics services
      6. Tourism related activities
    2. Be situated in the designated IRDA-approved zones
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