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Incentives for Investors

Investment valued at a minimum of US$500,000 attracts fiscal and non-fiscal incentives.

Fiscal incentives

-Company tax is charged on only 50 percent of profit earned in the first five years of profitability;

-Dividends are exempted from tax for 5 years from the first years of declaration;

-Zero customs duty for 5 years on machinery and equipment;

-100 percent capital allowances on infrastructure up-grade and improvements;

Non fiscal incentives

-Free facilitation for application of immigration permits, secondary licences, land acquisitions and utilities;

-Investment guarantee and protection from nationalisation.

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