Masuwe SEZ
Masuwe SEZ is a Special Economic Zone located in Victoria Falls, Zimbabwe, established in 2018, regulated by the Victoria Falls-Hwange Joint Committee, Mosi Oa Tunya Development Company.
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 | 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
Masuwe SEZ hosts businesses specialising in Services and IT.
About Masuwe SEZ
Masuwe SEZ is focused on developing the service sector, particularly in IT and business services, to foster innovation and create jobs.
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.
Who regulates Masuwe SEZ?
Masuwe SEZ is regulated by the Victoria Falls-Hwange Joint Committee, Mosi Oa Tunya Development Company.
What sectors operate in Masuwe SEZ?
Masuwe SEZ hosts businesses in Services and IT.
What are the investment incentives at Masuwe 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...