Fiscal Incentives

1.      10 years tax holiday

2.      Duty free import of construction materials

3.      Duty free import of machineries, office equipment & spare parts etc.

4.      Duty free import and export of raw materials and finished goods

5.      Relief from double taxation

6.      Exemption from divident tax

7.      GSP facility available

8.    Accelerated depreciation on machinery or plant allowed

9.    Remittance of royalty, technical and consultancy fees allowed

10.    Duty & quota free access to EU, Canada, Norway, Australia etc.

 

Non – Fiscal Incentives
          

1.      100% foreign ownership permissible

2.      Enjoy MFN (most favored nation) status

3.      No ceiling on foreign and local investment

4.      Full repatriation of capital & dividend

5.      Foreign Currency loan from abroad under direct automatic route

6.      Non-resident Foreign Currency Deposit (NFCD) Account permitted

7.      Operation of FC account by 'B' and 'C' type Industries allowed.

 

 

Facilities

1.      No UD, IRC, ERC and renewal of Bond license

2.      Work permits issued by BEPZA

3.      Secured and protected bonded area

4.      Off-Shore banking available

5.      Import on Documentary Acceptance (DA) basic allowed

6.      Bank of Back L/C

7.      Import and Export on CM basis allowed

8.      Import from DTA (Domestic Tariff Area)

9.    10% sale to DTA (Domestic Tariff Area)

10.    Customs clearance at factory site

11.    Simplified sanction procedure

12.    Sub-contracting with export oriented Industries inside and outside EPZ allowed

13.    Relocation of foreign industries allowed

14.    Accords Residentship and Cityzenship

15.    One Window same day service and simplified procedure.