Tax discount and/or Tax-free

Tax Discount and/or Tax-Free

Investors in the Gada Special Economic Zone (GSEZ) benefit from a wide range of tax incentives designed to maximize profitability:

• Corporate Income Tax Exemptions of up to 10 years, with up to 14 years available for pharmaceutical manufacturers in industrial parks.
• Tax Holidays of 10 to 15 years for developers of industrial parks, depending on location.
• Zero-rated VAT and exemption from all indirect taxes for goods and services entering the SEZ.
• Full exemption from duties and taxes on all imported capital goods and construction materials.
• No withholding tax on income earned during the tax holiday period.
• Dividend Income Tax Exemption for shareholders during the tax holiday.
• Personal Income Tax Exemption:
  • Up to 5 years for expatriate employees in industrial park enterprises.
  • 5-year exemption on salary tax for foreign employees of export-oriented enterprises.

These generous tax incentives make GSEZ a highly competitive location for global and regional investment.