Masuwe SEZ
Masuwe SEZ is a Special Economic Zone located in Victoria Falls, Zimbabwe, established in 2018, with Victoria Falls-Hwange Joint Committee, Mosi Oa Tunya Development Company listed as its governing authority.
Key Facts
| Type | Special Economic Zone |
|---|---|
| Location | Victoria Falls, Zimbabwe |
| Year Established | 2018 |
| Area | 160 hectares |
| Companies | 220 |
| Governing Authority | Victoria Falls-Hwange Joint Committee, Mosi Oa Tunya Development Company |
| Status | operational |
Recorded Benefits and Incentives
Benefits include zero-rated Corporate Income Tax for the first five years. A Special Initial Allowance covers 50% of cost in year one and 25% for two subsequent years. Specialized expatriate staff face a 15% flat tax rate. Exemptions apply to non-residents' withholding tax on fees for non-locally available services, royalties, and dividends. A 100% customs duty rebate is granted on imported raw materials, equipment, and machinery. Investors are exempt from import and export permits and receive government facilitation services.
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 Victoria Falls-Hwange Joint Committee, Mosi Oa Tunya Development Company 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: Benefits include zero-rated Corporate Income Tax for the first five years. A Special Initial Allowance covers 50% of cost in year one and 25% for two subsequent years. Specialized expatriate staff face a 15% flat tax rate. Exemptions apply to non-residents' withholding tax on fees for non-locally available services, royalties, and dividends. A 100% customs duty rebate is granted on imported raw materials, equipment,... Verify eligibility and current terms with the zone authority.