ELIGIBILITY

 

WHO QUALIFIES FOR AN LICENSE

 

The EPZ and SEZ eligibility criteria are simple and straightforward. They have been made simple in order to attract as many investors as possible.

The first criterion is that the investment must be new. Both the EPZ and SEZ schemes do not register already existing investments unless the company intends to deviate completely from producing for the local market to manufacturing products for export.

Secondly, for EPZ investors, 80 percent of the goods produced should be exported, with only a mere 20 percent to be sold in the local market.

This condition does not apply to SEZ investors. It is also a requirement that the annual export turnover for EPZ investors should amount to US $500,000 for foreign investors and US $100,000 for local investors; whereas for SEZ investors the investment capital should exceed US $500,000 for foreign investors and
US $100,000 for local investors.