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FREE ZONE REGIME
Tax incentives more competitive
100%
TAX EXEMPTION
INSIDE OF
SPECTRUM
WITHOUT TIME LIMIT
• Tariffs on exports and imports
• Tax on withholding of royalties and fees
• Interest taxes
• Sales tax on local purchase of goods and/or services
• Doorbells
PER PERIOD OF 10 YEARS
• Property transfer tax
100%
FIRST 8 YEAR PERIOD
TAX EXEMPTION
INSIDE OF
SPECTRUM
fifty%
NEXT 4 YEARS
TAX EXEMPTION
INSIDE OF
SPECTRUM
SERVICE OR MANUFACTURING PROJECTS
Manufacturing companies with investments exceeding $10 million and 100 employees, established under the Free Zone Regime. For smaller manufacturing operations, companies will pay a preferential tax of 6% on income for 8 years and 15% for the next 4 years (the statutory tax is 30%).
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