Businesses can now operate an EPZ within ALP West logistics park. This comes after the official gazettement of one of our tenants, Packed at Source (EPZ) ltd a subsidiary of Dutch Flower Group. Packed at Source EPZ focuses on sourcing, packing, and delivering high-quality flowers to meet the demands of international retail markets.
The official gazettement of Packed at Source EPZ within ALP West marks the initiation of a new era for businesses seeking to thrive in the export sector. This strategic move unlocks a myriad of advantages offered by the Export Processing Zone, providing a fertile ground for companies to flourish in the global marketplace.
Export Processing Zones serve as strategic areas within a country where businesses enjoy favorable conditions to engage in export-oriented activities. These zones play a crucial role in attracting investment, fostering economic growth, and enhancing a country’s competitiveness in the global marketplace.
EPZA Program
The Export Processing Zone (EPZ) program is managed by the Export Processing Zones Authority (EPZA) was created to promote export oriented industrial investment within designated zones.
It targets SMEs from the Horticulture/food processing, Textile/apparel, Leather, Commercial crafts, Business Process Outsourcing Industry,Information and Communication Technology (ICT) sectors.
The following are a range of attractive fiscal, physical, and procedural incentives the EPZ program offers.
- 10-year Corporate Tax Holiday
- 10-year Withholding Tax Holiday
- 100% investment deduction on new investment
- Perpetual exemption from payment of stamp duty on legal instruments
- Perpetual exemption from VAT and customs import duty on inputs
- Operation under essentially one 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/
