Sunway City
Sunway City is a Special Economic Zone located in Harare, Zimbabwe, established in 1996, with Sunway City (Pvt) Limited listed as its governing authority.
Key Facts
| Type | Special Economic Zone |
|---|---|
| Location | Harare, Zimbabwe |
| Year Established | 1996 |
| Area | 140 hectares |
| Companies | 36 |
| Governing Authority | Sunway City (Pvt) Limited |
| Status | operational |
Recorded Benefits and Incentives
The zone offers zero-rated corporate income tax for the initial five years. Investors receive a special initial allowance of 50% of cost in year one, and 25% in the following two years. Expatriate staff face a flat 15% tax rate. Exemptions apply to non-resident withholding tax on fees for unavailable services, royalties, and dividends. A 100% customs duty rebate is provided on imported raw materials, equipment, and machinery. Investors are exempt from import and export permit requirements and receive government facilitation services.
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 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: The zone offers zero-rated corporate income tax for the initial five years. Investors receive a special initial allowance of 50% of cost in year one, and 25% in the following two years. Expatriate staff face a flat 15% tax rate. Exemptions apply to non-resident withholding tax on fees for unavailable services, royalties, and dividends. A 100% customs duty rebate is provided on imported raw materials, equipment, and... Verify eligibility and current terms with the zone authority.