Type of Corporate Tax rate
Standard rate for corporates (resident and non-resident) 30%
Export processing Zones 0% for first 10 years, 25% for next 10 Years
Special economic Zones 10% for first 10 years, 15% for next 10 Years
Motor vehicle assemblers 15% for first 5 Years
15% for a further 5 years if local material is more than 50% of the ex-factory cost
Affordable Housing Developers 15% in a year where more than 100 housing Units are sold
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