Incentives
INCENTIVES
The following incentives are available:
Value Added Tax
Incentive
The VAT incentive provides for goods and services supplied by a VAT registered Vendor into the Customs Controlled Area (CCA) or SEZ to be zero-rated. In addition, goods exported from the SEZ are subject to exemption of the VAT.
Customs and
Excise Relief
Goods imported into the CCA situated in the SEZ are relieved from applicable import customs, excise duties and economic restrictions whilst stored and undergoing manufacturing.
Employment Tax
Incentive
The Employment Tax Incentive (ETI) helps reduce the amount of employees’ tax paid on behalf of their employees by the Employer, whilst leaving the wage received by the employee unaffected. Effectively this creates a cost-sharing mechanism between employers and Government in respect of employee wages.
Infrastructure Development Support
As an SEZ Operator, the GIDZ aims to provide top structure funding support for investments that can contribute to increased job opportunities as well as the enhanced production and export of products from OR Tambo SEZ to the global economy.
Competitive
Rentals
The GIDZ’s lease management policy makes provision for competitive rental rates, negotiated with each investor, based on financial and market indications as well as the socio-economic benefits of the proposed investment.
Investor Establishment Support
Administrative support for all investors looking to locate at the Zone is provided; this includes support to foreign investors looking to register their businesses and also secure the necessary Visa or permit approvals.
Query Form
For more information, please complete the query form below:
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