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Freeport Incentives
Freeport Incentives
Local Companies
The Freeport legislation provides the following package of fiscal and non fiscal incentives to Freeport companies:
  • Zero percent corporate tax on all Freeport activities.
  • Duty-Free and VAT Free on goods and equipment imported into Freeport Zones.
  • 100% foreign ownership.
  • Free repatriation of profits.
  • No foreign exchange control.
  • Reduced port handling charges.
  • 50 percent of the annual re-export value can be sold to the local market.
  • One-stop shop for work & residence permits processing.
  • Dividends derived from business operations are not taxable.
Please refer to the for more details - (PDF - 318KB)
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