A New Era for Export Businesses at ALP West
Businesses can now leverage the benefits of operating within an Export Processing Zone (EPZ) at ALP West Logistics Park. This exciting development follows the official gazettement of one of our key tenants, Packed at Source (EPZ) Ltd, a subsidiary of the Dutch Flower Group. Packed at Source EPZ specializes in sourcing, packing, and delivering high-quality flowers to meet the demands of international retail markets.
The official gazettement of Packed at Source EPZ at ALP West marks the start of a new era for businesses aiming to excel in the export sector. This strategic move unlocks a host of advantages provided by the Export Processing Zone (EPZ), creating an ideal environment for companies to thrive in the global marketplace. Export Processing Zones are specially designated areas where businesses enjoy favorable conditions for engaging in export-oriented activities. They play a crucial role in attracting investment, fostering economic growth, and enhancing a country’s global competitiveness.
The EPZ Program: A Gateway to Global Markets
The Export Processing Zone (EPZ) program, managed by the Export Processing Zones Authority (EPZA), was established to promote export-oriented industrial investment within designated zones. The program targets Small and Medium Enterprises (SMEs) in key sectors such as Horticulture/food processing, Textile/apparel, Leather, Commercial crafts, Business Process Outsourcing (BPO), and Information and Communication Technology (ICT).
Key Incentives of the EPZ Program
The EPZ program offers a range of attractive fiscal, physical, and procedural incentives, including:
- 10-Year Corporate Tax Holiday
- 10-Year Withholding Tax Holiday
- 100% Investment Deduction on New Investments
- Perpetual Exemption from Stamp Duty on Legal Instruments
- Perpetual Exemption from VAT and Customs Import Duty on Inputs
- Operation under a Single License Issued by EPZA
- Rapid Project Approval and Licensing
- No Exchange Controls – Liberalized Foreign Exchange Regime
- Onsite Customs Documentation and Inspection by Customs Staff
- Unrestricted Investment by Foreigners
- One-Stop-Shop Service for Facilitation and Aftercare
- Quality Infrastructure for Lease
* Terms and Conditions apply
The EPZA Authority issues 3 main types of licenses or permits.
To learn more about EPZ please visit https://epzakenya.com/epz-program
The official launch was attended by several Kenyan officials and staff from PASA and DFG. From left to right: Bruno Linyiru – Grace Mwaura – Joost Gietelink – Richard Cheruiyot – Hon. CS Rebecca Miano – Jelle Griffioen – Hon. PS Abubakar Hassan Abubakar – Mercy Langat – Hussein Adan Mohamed