Incentives and Facilities in Special Economic Zones (SEZs)Embark on a journey of economic growth and prosperity with the unparalleled incentives and state-of-the-art facilities offered to units within Special Economic Zones (SEZs). At [Aaron Freight Management Services], we recognize the transformative power of SEZs in fostering business development and global competitiveness.
- Tax Benefits: SEZs provide a tax haven for businesses, offering exemptions on income tax, corporate tax, and other levies. Enjoy a favourable tax regime that enhances your bottom line.
- Duty-Free Import and Export: Experience the freedom of duty-free import and export of goods and services, facilitating international trade and lowering operational costs.
- Infrastructure Support: SEZs boast world-class infrastructure, including modern industrial parks, reliable utilities, and advanced technology, providing a conducive environment for seamless business operations.
- Simplified Regulatory Environment: Benefit from a simplified and business-friendly regulatory framework within SEZs, reducing bureaucratic hurdles and enhancing the ease of doing business.
- Plug-and-Play Infrastructure: Accelerate your business setup with ready-to-use infrastructure, allowing for a swift and hassle-free establishment of operations.
- Integrated Logistics: Leverage integrated logistics support within SEZs, streamlining the movement of goods and ensuring efficient supply chain management.
- Skill Development Initiatives: Access a skilled workforce through focused skill development initiatives, ensuring that your business has the talent it needs to thrive in a competitive market.
- Research and Development (R&D) Opportunities: SEZs encourage innovation by providing a conducive environment for research and development activities, fostering technological advancements and market leadership.
- Duty free import/domestic procurement of goods for development, operation and maintenance of SEZ units.
- 100% Income Tax exemption on export income for SEZ units under Section 10AA of the Income Tax Act for first 5 years, 50% for next 5 years thereafter and 50% of the ploughed back export profit for next 5 years.
- External commercial borrowing by SEZ unit’s upto US $ 500 million in a year without any maturity restriction through recognized banking channels.
- Exemption from Central Sales Tax.
- Exemption from Service Tax.
- Single window clearance for Central and State level approvals.
- Exemption from State sales tax and other levies by the respective State Governments.