Attractive Investment Policies and Incentives

  • No restrictions on equity ownership in joint venture investment with domestic investors

  • One incentive policy for domestic & foreign investors

  • Generous incentive

  •  Income tax exemption (2 to 8 years)

  •  Exemption from the payment of customs duty

  • Carry forward of losses: half of the tax holiday period

  •  Export Incentive Schemes: Duty Draw-Back scheme, Voucher scheme, Bonded Manufacturing Warehouse scheme and Export Credit Guarantee scheme

  • Hand holding Support through the Sector Supporting Gov. Institutes 

  •  Guarantee against expropriation or nationalization (Constitution & Investment Law, MIGA & BITs

  •  Full repatriation of profits, dividends, principal and interest payments on external loans

  • The right to employ expatriate experts and management staff

  •  Bilateral Investment Promotion & Protection Treaties with more than 30 countries

  •  Double taxation avoidance treaties with 18 countries

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