Clusters

We can offer you:
>>Export Processing Zones. 
>>Tax benefits under EPZA.
>>MKINGA Industrial Estates.
>>Reduced income tax on net profits.
>>Exemption from social services tax.
>>Exemption from annual land and building taxes on utilized property.
>>Exemption from taxes on distributed dividends and profits.
>>Duty-free import of goods in commercial quantities
>>No foreign equity restrictions on investments.
>>No foreign currency restrictions.
>> Full repatriation of profits and capital.
>>Streamlined labor and immigration procedures through a one-stop-shop.
>>100% foreign ownership.
>>Up to 70% foreign labor.
>>Availability of land for lease or sale.
>>Full guarantees on rights and ownership.

Mkinga has adopted cluster development as part of regional and national competitiveness strategies with plans underway to develop industry clustures in strategic locations across the country. Investors can take advantage on existing arrangements with attractive incentives and simple investment procedures.
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