Exemption/reduction of import duties on machinery (Sections 28/29)
· Reduction of import duties for raw or essential materials (Section 30)
· Exemption of corporate income tax and juristic person income tax. (Section 31 and 34)
· A 50 percent reduction of the corporate income tax (Section 35(1))
· Double deduction from the costs of transportation, electricity and water supply (Section 35 (2))
· Additional 25 percent deduction of the cost of installation or construction of facilities (Section 35 (3))
- Exemption of import duty on raw or essential materials imported for use in production for export (Section 36)