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RSS FeedsGwadar Free Zone: China assured 23 years sales tax, other exemptions
(WorldNews Pakistan)

 
 

17 november 2019 03:47:08

 
Gwadar Free Zone: China assured 23 years sales tax, other exemptions
(WorldNews Pakistan)
 


ISLAMABAD: Pakistan has assured China for providing Sales Tax exemption for 23 years and other tax exemptions on equipment and material purchased locally for industrial units established in the Gwadar Free Zone. According to official documents, Pakistan and China appreciated the progress of the construction of the Initial Zone of Gwadar Free Zone offered for luring business attraction. Both the sides agreed that further efforts are needed for business attraction explicitly stipulating sales tax exemption for 23 years and tax exemption on equipment and materials purchased in Pakistan locally. Pakistan and China also agreed that active efforts such as local tax breaks in Balochistan province...


 
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