Masuwe SEZ
Masuwe SEZ is a Special Economic Zone located in Victoria Falls, Zimbabwe, established in 2018, with ZIDA (designation); zone developer/operator permits listed as its governing authority.
Key Facts
| Type | Special Economic Zone |
|---|---|
| Location | Victoria Falls, Zimbabwe |
| Year Established | 2018 |
| Companies | 220 |
| Governing Authority | ZIDA (designation); zone developer/operator permits |
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.
About Masuwe SEZ
The Masuwe SEZ is located near Victoria Falls, a renowned world heritage site, making it a prime location for tourism development. Established in 2018, this zone is designed to boost tourism, hospitality, and related services, diversifying the tourism product offering. It focuses on resort development, conference facilities, and eco-tourism ventures.
Frequently Asked Questions
What type of zone is Masuwe SEZ?
Masuwe SEZ is a Special Economic Zone.
Where is Masuwe SEZ located?
Masuwe SEZ is located in Victoria Falls, Zimbabwe.
When was Masuwe SEZ established?
Masuwe SEZ was established in 2018.
Which governing authority is listed for Masuwe SEZ?
SEZ Explorer records ZIDA (designation); zone developer/operator permits as the governing authority for Masuwe SEZ. Confirm its current jurisdiction and remit with the authority.
Which benefits and incentives are recorded for Masuwe SEZ?
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.