Incentives & Benefit for Investors/EZ users:
TAX HOLIDAY :
-For all Economic Zones Income Tax Holiday (ITH)- 1st and the 2nd year 100%, 3rd year 80%, 4th 70%, 5th 60%,6th 50%, 7th 40%, 8th 30%, 9th 20% and 10th year 10%.
-Duty-free import of raw materials, construction materials, capital machinery, finished goods.
-Exemption from dividend tax (After tax holiday over)
-Full repatriation of capital and dividend.
FREE FLOW FDI
-No ceiling of FDI.
-100% backward linkage raw-materials and accessories to sell for export oriented industries( EOI) in Domestic Tariff Area( DTA).[/i]
-20% sale of finished product to DTA (From Export Processing Area –EPA).
-Sub-contracting with DTA allowed.
-50% exemption of stamp duty and registration fees for registration of leasehold land/ factory space.
-80% exemption of VAT on all utility services consumed inside the zone.
-Duty exemption on Export.
-Exemption of CD for import of 2 vehicles within 1st 5 years for foreign investors.
-Exemption of double taxation subject to Double taxation agreement.
-50% Rebate of income tax on salary income of expatriates for 5 years.
-Consider EZ as custom bonded area.
-FC loan availability (To ease business activity).
-FC Account for Non-Resident.
-FC Account for both local and joint venture industry.
-Joint venture allowed.
-Royalty, technical fees will be exempted from income tax.
-Tax exemption on capital gain.
-Share transfer allowed.
-Work permits – No restrictions on issuance of work permits on project related foreign nationals and employees but limited up to 5% of total employees.
-Re-investment of remittable dividend to be treated as new foreign investment.
-Resident visa for investment of US$ 75000 or more.[/i
-Citizenship for investment of US$ 500000 or more.