BENEFITS TO OPERATE FROM SEZ
There are several benefits of operating from a Special Economic Zone. Few of the major special benefits / offers are as follows:
- One time exemption from all custom-duties and taxes on import of capital goods to Zone;
- The provisions of section 148 shall not apply on import of fire fighting equipments by industrial undertakings;
- Exemption from income tax for ten years from the date of commencement of commercial production in SEZ. (Sec 126 E);
- Specially focused on limited industries therefore all the support system that is beneficial for them will be easily accessible;
- Exemption from application of Minimum tax and Alternate Corporate Tax (ACT);
- Exemption from mandatory declaration and payment of dividend;
- Enterprises in SEZ may be allowed to not to use word as limited / Private limited in their names;
- The Commission SECP may, for the protection of foreign investors and to secure foreign investment, restrict the disclosure of information maintained by the registrar;
- Ease in doing business (relaxed documentation and other requirements);
- It will be exempted from all the quota requirement under Companies Act, 2017;
- All amenities are specially focused on need of industries and everything will be available within the boundaries of the Zone;
- Uninterrupted supply of utility services;
- Additional security available within and entry/ exit points of zone;
- Pollution controlled working environment; and
- Exclusive hospital, training center, firefighting system, and other amenities for industrial need only.
SITE LOCATION
From Karachi Port ——- (40 minutes drive)
From Karachi Airport ——- (25 minutes drive)
From Hyderabad ——- (25 minutes drive)