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Investment Incentives

  • Exemption from income tax for three years

  • Accelerated depreciation

  • Up to 50% tax relief on profits from exports

  • Right to carry forward and set off losses for three consecutive years from the year loss is sustained

  • Exemption from duties, taxes and raw materials for the first three years of commercial production

  • Guarantee against nationalization

  • Rights to have up to 100% ownership of a company

 

Other Pluses

  • Long-term land lease (of approximately 41 years) made possible for long term investments

  • A superior manufacturing environment maintained by MIP's estate regulations

  • Vicinity to the labor population

  • Comprehensive assistance to your investment in MIP

   

 

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