Umvumila SEZ
Umvumila SEZ is a Special Economic Zone located in Bulawayo, Zimbabwe, established in 2018, with Bulawayo City Council (public SEZ, ZIDA list) listed as its governing authority.
Key Facts
| Type | Special Economic Zone |
|---|---|
| Location | Bulawayo, Zimbabwe |
| Year Established | 2018 |
| Companies | 180 |
| Governing Authority | Bulawayo City Council (public SEZ, ZIDA list) |
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 Umvumila SEZ
Umvumila SEZ focuses on manufacturing and agricultural production, aiming to enhance food security and create job opportunities in the region.
Frequently Asked Questions
What type of zone is Umvumila SEZ?
Umvumila SEZ is a Special Economic Zone.
Where is Umvumila SEZ located?
Umvumila SEZ is located in Bulawayo, Zimbabwe.
When was Umvumila SEZ established?
Umvumila SEZ was established in 2018.
Which governing authority is listed for Umvumila SEZ?
SEZ Explorer records Bulawayo City Council (public SEZ, ZIDA list) as the governing authority for Umvumila SEZ. Confirm its current jurisdiction and remit with the authority.
Which benefits and incentives are recorded for Umvumila SEZ?
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.