I am advised that the following key tax incentives and support apply:
- A reduced corporate income tax rate of 15%
- An accelerated depreciation allowance of 10% on cost of any new and unused buildings or improvement owned by the qualifying company, where applicable.
- Customs Control Incentives (CCA).
- Building of Top Structures for tenants in the SBIDZ.
These incentives and support are subject to applicants meeting application criteria and budgetary availability. National Treasury considers tax incentives relating to SEZs.
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