Fernhill SEZ
Fernhill SEZ is a Special Economic Zone located in Mutare, Zimbabwe, established in 2018, regulated by the Mutare City Council.
Key Facts
| Type | Special Economic Zone |
|---|---|
| Location | Mutare, Zimbabwe |
| Year Established | 2018 |
| Area | 180 hectares |
| Companies | 250 |
| Governing Authority | Mutare City Council |
| Status | active |
Investment 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
Sector Focus
Fernhill SEZ hosts businesses specialising in Manufacturing and Services.
About Fernhill SEZ
Fernhill SEZ is designed to support a mix of manufacturing and service industries, promoting economic diversification and innovation in the region.
Frequently Asked Questions
What type of zone is Fernhill SEZ?
Fernhill SEZ is a Special Economic Zone.
Where is Fernhill SEZ located?
Fernhill SEZ is located in Mutare, Zimbabwe.
When was Fernhill SEZ established?
Fernhill SEZ was established in 2018.
Who regulates Fernhill SEZ?
Fernhill SEZ is regulated by the Mutare City Council.
What sectors operate in Fernhill SEZ?
Fernhill SEZ hosts businesses in Manufacturing and Services.
What are the investment incentives at Fernhill SEZ?
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...