Belmont-Donnington-Kelvin-Westondale Economic & Industrial Zone (Bulawayo, Zimbabwe)
Belmont-Donnington-Kelvin-Westondale Economic & Industrial Zone (Bulawayo, Zimbabwe) is a Special Economic Zone located in Bulawayo, Zimbabwe, established in 2005, with ZIDA (designation); zone developer/operator permits listed as its governing authority.
Key Facts
| Type | Special Economic Zone |
|---|---|
| Location | Bulawayo, Zimbabwe |
| Year Established | 2005 |
| Area | 3000 ha hectares |
| Governing Authority | ZIDA (designation); zone developer/operator permits |
| Status | planned |
Recorded Benefits and Incentives
Zero-rated Corporate Income Tax for the first 5 years, Special Initial allowance of 50% of cost from year one and 25% in the subsequent two years, Specialized expatriate staff will be taxed at a flat rate of 15%, Exemption from Non-residents withholding tax on fees on services that are not locally available, Exemption from Non-residents withholding tax on Royalties, Exemption from Non-residents withholding tax on Dividends, 100% customs duty rebate on all imported raw materials, equipment and machinery, Exempt from the requirement to obtain import and export permits, Investor facilitation and after care services across all Government entities and agencies
Verify eligibility and current terms with the zone authority.
Recorded Sector Focus
Belmont-Donnington-Kelvin-Westondale Economic & Industrial Zone (Bulawayo, Zimbabwe) is listed with a sector focus including Textiles And Apparel, Machinery And Industrial Equipment, and Agro Processing And Food Beverage.
About Belmont-Donnington-Kelvin-Westondale Economic & Industrial Zone (Bulawayo, Zimbabwe)
The Belmont-Donnington-Kelvin-Westondale SEZ focuses on manufacturing, particularly in textiles and consumer goods. It aims to boost local production and create employment opportunities.
Frequently Asked Questions
What type of zone is Belmont-Donnington-Kelvin-Westondale Economic & Industrial Zone (Bulawayo, Zimbabwe)?
Belmont-Donnington-Kelvin-Westondale Economic & Industrial Zone (Bulawayo, Zimbabwe) is a Special Economic Zone.
Where is Belmont-Donnington-Kelvin-Westondale Economic & Industrial Zone (Bulawayo, Zimbabwe) located?
Belmont-Donnington-Kelvin-Westondale Economic & Industrial Zone (Bulawayo, Zimbabwe) is located in Bulawayo, Zimbabwe.
When was Belmont-Donnington-Kelvin-Westondale Economic & Industrial Zone (Bulawayo, Zimbabwe) established?
Belmont-Donnington-Kelvin-Westondale Economic & Industrial Zone (Bulawayo, Zimbabwe) was established in 2005.
Which governing authority is listed for Belmont-Donnington-Kelvin-Westondale Economic & Industrial Zone (Bulawayo, Zimbabwe)?
SEZ Explorer records ZIDA (designation); zone developer/operator permits as the governing authority for Belmont-Donnington-Kelvin-Westondale Economic & Industrial Zone (Bulawayo, Zimbabwe). Confirm its current jurisdiction and remit with the authority.
Which sectors are listed for Belmont-Donnington-Kelvin-Westondale Economic & Industrial Zone (Bulawayo, Zimbabwe)?
Belmont-Donnington-Kelvin-Westondale Economic & Industrial Zone (Bulawayo, Zimbabwe) is listed with a sector focus including Textiles And Apparel, Machinery And Industrial Equipment, and Agro Processing And Food Beverage.
Which benefits and incentives are recorded for Belmont-Donnington-Kelvin-Westondale Economic & Industrial Zone (Bulawayo, Zimbabwe)?
SEZ Explorer's current record lists: Zero-rated Corporate Income Tax for the first 5 years, Special Initial allowance of 50% of cost from year one and 25% in the subsequent two years, Specialized expatriate staff will be taxed at a flat rate of 15%, Exemption from Non-residents withholding tax on fees on services that are not locally available, Exemption from Non-residents withholding tax on Royalties, Exemption from Non-residents withholding tax on... Verify eligibility and current terms with the zone authority.