Visakhapatnam Special Economic Zone
Visakhapatnam Special Economic Zone is a Special Economic Zone located in Visakhapatnam, India, established in 1989, with Government of India, Development Commissioner listed as its governing authority.
Key Facts
| Type | Special Economic Zone |
|---|---|
| Location | Visakhapatnam, India |
| Year Established | 1989 |
| Area | 146.0 hectares |
| Companies | 69 |
| Governing Authority | Government of India, Development Commissioner |
| Status | operational |
Recorded Benefits and Incentives
100% income tax exemption on export income for first five years, 50% for next five years, reduced corporate taxes, exemptions on import duties, GST waivers, 100% foreign direct investment, full and free repatriation of export proceeds
Verify eligibility and current terms with the zone authority.
About Visakhapatnam Special Economic Zone
The Visakhapatnam Special Economic Zone (VSEZ) is a multi-product, government-promoted SEZ in Andhra Pradesh. Established in 1989, it is one of India's oldest and largest SEZs. VSEZ offers a conducive environment for manufacturing, processing, and services industries. It aims to boost regional industrial growth and exports.
Frequently Asked Questions
What type of zone is Visakhapatnam Special Economic Zone?
Visakhapatnam Special Economic Zone is a Special Economic Zone.
Where is Visakhapatnam Special Economic Zone located?
Visakhapatnam Special Economic Zone is located in Visakhapatnam, India.
When was Visakhapatnam Special Economic Zone established?
Visakhapatnam Special Economic Zone was established in 1989.
Which governing authority is listed for Visakhapatnam Special Economic Zone?
SEZ Explorer records Government of India, Development Commissioner as the governing authority for Visakhapatnam Special Economic Zone. Confirm its current jurisdiction and remit with the authority.
Which benefits and incentives are recorded for Visakhapatnam Special Economic Zone?
SEZ Explorer's current record lists: 100% income tax exemption on export income for first five years, 50% for next five years, reduced corporate taxes, exemptions on import duties, GST waivers, 100% foreign direct investment, full and free repatriation of export proceeds Verify eligibility and current terms with the zone authority.