Relief

What are the incentives for entrepreneurial investment in the zone

– For investment over 10 bill kn and employing 30 people-tax rate 7%,
– For investment over 20 bill kn and employing 50 people-tax rate 3%,
– For investment over 30 bill kn and employing 75 people-tax rate 0%
– Exempt from duty and VAT
– Income tax and property reduced for 50%
– Profit tax payable at 15%
– Reduced municipal tax for production activies and hotels for 70% and other 30%
– Reduced municipal service payments:
-for the first year of doing bussines 100%
-for the second year of doing bussines 75%
-for the third year of doing bussines 50%