British Malaysian Chamber Of Commerce (BMCC)
The Family Office Incentive in Malaysia: A Strategic Shift in Global Wealth Management
Family offices have emerged as pivotal structures for ultra-high-net-worth individuals (UHNWIs) to manage, preserve, and transfer wealth across generations. Recognising this global trend, Malaysia has introduced new incentives aimed at establishing family offices within its jurisdiction, particularly in the Special Financial Zone (SFZ) of Forest City, Johor. This article delves into the concept of family offices, their relevance to Malaysia, and the benefits these incentives offer to Malaysian U