|FREE ZONES||PROMOTION ZONES|
|Income tax exemption for the first seven years||Income tax exemption for the first five years|
|After seven years, 50% relief of current legal income tax rates for five years||After five years, 50% relief of current legal income tax rates for the second five years|
|After 12 years, 50% relief of current legal income tax for profit that is reinvested within one year as a reserve fund for the next five years||After 10 years, 50% relief of current legal income tax for profit that is reinvested within one year as a reserve fund for the next five years.|
|Exemption from commercial tax or valued-added tax||For the first five years, exemptions from customs duties and other relevant taxation on production machinery and replacement parts; and construction materials for building the business’s own facilities, such as factories, warehouses and offices.|
|Exemptions from customs duties and other relevant taxation on imports of raw materials for production machinery instrument and necessary spare parts for production; construction material for building such as factories, warehouses and own offices and motor vehicles||
For the resources listed above, 50% relief of the custom duties and other taxation the next five years.
|The customs and other taxation shall be paid for the importation of raw materials and other goods for production.|
|The exemptions of customs duties and other relevant taxation on the import of trading goods, consignment goods, motor vehicles and other materials which are essential for a business’s free-tax wholesale trading, export trading and services of provision and transportation.||For the resources listed above for, the option to apply for a refund of customs duties and other taxation paid on importing them, if the goods they help produce are exported abroad or into a Free Zone.|
|The option to apply for exemption on import tax or value-added tax for goods imported from a local or Promotion Zone to a Free Zone for the investor of Free Zone.||Exemption of commercial tax and value added tax during the relevant relief period provided in the Special Economic Zone Law.|
|In all other cases, businesses shall regularly pay the customs and other taxes upon importing raw materials and other goods for production|
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