SEZ Legal framework
Investors in Dawei SEZ will benefit from Myanmar's Special Economic Zone Law offering various incentives such as:
| Benefits | Free Zone (export > 75% of production value ) |
Promotion zone (for domenstic sales ) |
| Income Tax | 7 years exemption 50% relief for next 5 years 50% for 5 more years if profit re-invested within 1 year |
5 years exemption 50% relief for next 5 years 50% for 5 more years if profit re-invested within 1 year |
| Import Tax on Capital Goods |
Exemption for the whole approval period | 5-year exemption and 50% relief for 5 more years |
| Import Tax on Raw Materials |
Exemption for the whole approval period | No exemption but can be refunded if raw materials are processed and exported |
| Taxes on dividend pay-out |
Can apply for income tax exemption for dividends based on profits accrued locally for which tax has been paid |
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| Asset protection | Assets, profits and other rights of investors are recognized and protected. It is guaranteed that the investments will not be nationalized. | |
| One-stop Service Center | Investors need not make individual visits and trips to all the entities involved with business set-up as representatives from relevant entities are located within the OSSC and are authorized to grant necessary licenses and approvals required by investors before investments | |