Fernhill SEZ
Fernhill SEZ is a Special Economic Zone located in Mutare, Zimbabwe, established in 2018, with Mutare City Council listed as its governing authority.
Key Facts
| Type | Special Economic Zone |
|---|---|
| Location | Mutare, Zimbabwe |
| Year Established | 2018 |
| Area | 180 hectares |
| Companies | 250 |
| Governing Authority | Mutare City Council |
| Status | operational |
Recorded Benefits and Incentives
Key benefits include zero corporate income tax for the first five years and a special initial allowance: 50% in year one, 25% for the next two years. Specialized expatriate staff face a 15% flat tax rate. Exemptions apply to non-resident withholding tax on non-local service fees, royalties, and dividends. A 100% customs duty rebate is provided for imported raw materials, equipment, and machinery. Investors are exempt from import and export permit requirements and receive government investor facilitation.
Verify eligibility and current terms with the zone authority.
About Fernhill SEZ
The Fernhill SEZ is located near Mutare, eastern Zimbabwe, strategically positioned to facilitate timber processing and related industrial activities. It aims to leverage the rich forestry resources of the Manicaland province for value addition and export. The zone focuses on timber, forestry products, and possibly mining.
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.
Which governing authority is listed for Fernhill SEZ?
SEZ Explorer records Mutare City Council as the governing authority for Fernhill SEZ. Confirm its current jurisdiction and remit with the authority.
Which benefits and incentives are recorded for Fernhill SEZ?
SEZ Explorer's current record lists: Key benefits include zero corporate income tax for the first five years and a special initial allowance: 50% in year one, 25% for the next two years. Specialized expatriate staff face a 15% flat tax rate. Exemptions apply to non-resident withholding tax on non-local service fees, royalties, and dividends. A 100% customs duty rebate is provided for imported raw materials, equipment, and machinery. Investors are... Verify eligibility and current terms with the zone authority.