Sunway City
Sunway City is a Special Economic Zone located in Harare, Zimbabwe, established in 1996, with Sunway City (Pvt) Limited (developer) listed as its governing authority.
Key Facts
| Type | Special Economic Zone |
|---|---|
| Location | Harare, Zimbabwe |
| Year Established | 1996 |
| Companies | 41 |
| Governing Authority | Sunway City (Pvt) Limited (developer) |
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 Sunway City
Sunway City is a multi-sector Special Economic Zone located near Harare, Zimbabwe's capital. Established as a flagship project, it aims to attract investment in industrial manufacturing, technology, commercial, and residential developments. It provides integrated facilities for various economic activities.
Frequently Asked Questions
What type of zone is Sunway City?
Sunway City is a Special Economic Zone.
Where is Sunway City located?
Sunway City is located in Harare, Zimbabwe.
When was Sunway City established?
Sunway City was established in 1996.
Which governing authority is listed for Sunway City?
SEZ Explorer records Sunway City (Pvt) Limited (developer) as the governing authority for Sunway City. Confirm its current jurisdiction and remit with the authority.
Which benefits and incentives are recorded for Sunway City?
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.