Economically Distressed Zones (Special Tax/Customs Incentive Regions)
Economically Distressed Zones (Special Tax/Customs Incentive Regions) is a Special Economic Zone located in Far North Region, Cameroon, established in 2019, with National Office for Industrial Free Zones (NOIFZ) listed as its governing authority.
Key Facts
| Type | Special Economic Zone |
|---|---|
| Location | Far North Region, Cameroon |
| Year Established | 2019 |
| Companies | 33 |
| Governing Authority | National Office for Industrial Free Zones (NOIFZ) |
| Status | operational |
Recorded Benefits and Incentives
The zone offers a corporate tax holiday, duty-free imports, exemption from export duties, and no Value Added Tax (VAT) on exports. Additionally, simplified administrative procedures are available.
Verify eligibility and current terms with the zone authority.
About Economically Distressed Zones (Special Tax/Customs Incentive Regions)
The Economically Distressed Zones are designated geographical areas (Far North, North-West, South-West Regions) established in 2019, rather than physical zones. They provide special fiscal and customs incentives to stimulate economic activity, investment, and job creation in areas facing specific socio-economic challenges.
Frequently Asked Questions
What type of zone is Economically Distressed Zones (Special Tax/Customs Incentive Regions)?
Economically Distressed Zones (Special Tax/Customs Incentive Regions) is a Special Economic Zone.
Where is Economically Distressed Zones (Special Tax/Customs Incentive Regions) located?
Economically Distressed Zones (Special Tax/Customs Incentive Regions) is located in Far North Region, Cameroon.
When was Economically Distressed Zones (Special Tax/Customs Incentive Regions) established?
Economically Distressed Zones (Special Tax/Customs Incentive Regions) was established in 2019.
Which governing authority is listed for Economically Distressed Zones (Special Tax/Customs Incentive Regions)?
SEZ Explorer records National Office for Industrial Free Zones (NOIFZ) as the governing authority for Economically Distressed Zones (Special Tax/Customs Incentive Regions). Confirm its current jurisdiction and remit with the authority.
Which benefits and incentives are recorded for Economically Distressed Zones (Special Tax/Customs Incentive Regions)?
SEZ Explorer's current record lists: The zone offers a corporate tax holiday, duty-free imports, exemption from export duties, and no Value Added Tax (VAT) on exports. Additionally, simplified administrative procedures are available. Verify eligibility and current terms with the zone authority.