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MFEZ Incentives
Companies approved under ZDA priority sectors will be given the following incentives:

  • Zero percent tax on profits made by companies in the priority Sector for a period of 5 years from the first year profits are made. For years 6 to 8 only 50% of profits should be taxed and for years 9 and 10, 75% of profit should be taxed;
  • Zero percent tax rate on dividends of companies operating under the MFEZ/priority sector for a period of five years from the year of first declaration of dividends.
  • Zero percent import duty rate on raw materials, capital goods, machinery including trucks and specialized vehicles for five years.
  • Deferment of VAT on machinery and equipment including trucks and specialized motor vehicles imported for investment in MFEZ and/or priority sector.