Sunway City
Sunway City is a Special Economic Zone located in Harare, Zimbabwe, established in 1996, regulated by the Sunway City (Pvt) Limited.
Key Facts
| Type | Special Economic Zone |
|---|---|
| Location | Harare, Zimbabwe |
| Year Established | 1996 |
| Area | 140 hectares |
| Companies | 36 |
| Governing Authority | Sunway City (Pvt) Limited |
| 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
Sunway City hosts businesses specialising in Manufacturing and Services.
About Sunway City
Sunway City is a mixed-use SEZ that combines manufacturing and services, aiming to attract diverse investments and promote economic growth.
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.
Who regulates Sunway City?
Sunway City is regulated by the Sunway City (Pvt) Limited.
What sectors operate in Sunway City?
Sunway City hosts businesses in Manufacturing and Services.
What are the investment incentives at Sunway City?
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...