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Export Processing Zone (EPZ) scheme


Under this investment scheme, manufacturing companies are exclusively export-oriented and operate in varied sectors such as textile, deep sea produce, plastics, agro industry and others.

Textile manufacturing companies are by far the most numerous and they require a considerable amount of logistics facilities and services for expediting their export goods to far destinations such as Europe and the United States, under certain conditions such as safety and quality standards, limited schedules and cost efficiency. On the other hand, bulk quantities of imported raw materials may transit in our facilities prior to transportation to the manufacturing plant.

We are able to offer attractive infrastructures in our zones to accommodate:

  • Quality control inspections and operations base for textile related businesses with a strong IT backbone for efficient communications
  • A modern, secure and safe as well as cost effective warehousing environment for consignment awaiting expedition
  • Efficient logistics with a ‘few minutes only’ access to and from the mooring quay for rapid and low-cost transits
  • Effective handling of merchandise with our fully equipped facilities and pallet racking system or dedicated space within the warehousing precincts
Manufacturing concerns operating under the EPZ scheme benefit from the following fiscal incentives:
  • Dividends are not taxable
  • No capital gains tax
  • Corporate tax of 15% instead of the standard 35% applicable to local companies
  • 50% relief on personal income tax for 2 expatriate staff
  • Customs duty-free imported raw materials and equipment for manufacturing purposes
  • Half price for registration fees on purchase of land and buildings used for the setting up of a manufacturing plant to new investors
  • 60% remission of customs duties on buses of 15-25 seats , used for the transport of workers