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Investment Incentives

00:54 - 07/05/2014

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

 

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