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 ha 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.
Recorded Sector Focus
Visakhapatnam Special Economic Zone is listed with a sector focus including Textiles And Apparel, Pharmaceuticals And Biotech, and Electronics And Semiconductors.
About Visakhapatnam Special Economic Zone
Visakhapatnam Special Economic Zone (VSEZ), also known as the Andhra Pradesh First Economic Zone, is a central government special economic zone in India. Established in 1989 as VEPZ and later transformed into VSEZ on...
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 sectors are listed for Visakhapatnam Special Economic Zone?
Visakhapatnam Special Economic Zone is listed with a sector focus including Textiles And Apparel, Pharmaceuticals And Biotech, and Electronics And Semiconductors.
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.