SPECIAL ECONOMIC ZONES:

The SEZ Act 2012 provides the framework for operation of Special Economic Zones in Pakistan. Under this law, the Federal or Provincial Governments themselves or in collaboration with the private sector under different modes of public-private partnership or exclusively through the private sector.

The fiscal benefits under the SEZ law include a one-time exemption from custom duties and taxes for all capital goods imported into Pakistan for the development, operations and maintenance of a SEZ (both for the developer as well as for the zone enterprise) and exemption from all taxes on income for a period of ten years. For further information please click here.