SME Support

SMEs are entitled to the following facilities:

  • Support for research and development.
  • Income tax deposit waiver.
  • Matching grants.
  • Market survey and research support.

Category: Agriculture, Fisheries, Air Services, Light Manufacturing, Renewable Energy, Tourism, ICT, Transportation

An investment enterprise located outside the export processing zone that exports at least 30% of its output is entitled to the following: 10% corporate or turnover tax concession for 5 years. Financial planning services and advice. Participation in training courses, seminars, and workshops...
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A newly established investment enterprise that falls within any priority investment category is granted an import VAT waiver on imported specific goods as per the agreed list of items.
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A newly established investment enterprise that falls within any priority investment category is granted a tax holiday with respect to its corporate or turnover tax and depreciation allowance. Tax breaks on corporate and turnover tax, withholding tax on dividends and depreciation allowance for a period...
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An investor operating in an Export Processing Zone and exports at least 80% of its outputs is exempt from payment of numerous duties and taxes, including import VAT waiver on imported goods/items, excise duty, import duty on capital equipment, corporate or turnover tax, municipal tax...
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