Investment Incentives
FAVORABLE ENVIRONMENT
- "One – stop" investment application services.
- On – site and electronic customs clearance.
- Multiple entry visas for expatriates.
- Competitive land rental and fees.
VAT & IMPORT DUTY EXEMPTION FOR
- Equipment and machinery imported for the formation of the fixed assets of the project and spare parts and components attached thereto.
- Construction materials imported to build the fixed assets of the project that are not produced locally.
- Lowest land rental.
VAT equals 0% & Export duty exemption for hi-tech products.
TAXATION | HHTP | |
Corporate Income Tax | 0% | 04 years (from the first profit making year) |
5% | 09 years(following the exemption period) | |
10% | 2 following years |