A Freeport operator engaged in manufacturing activities in the freeport zone will be allowed to apply as private freeport developer to build, develop and manage its own infrastructural activities, as long as it still carries out its main manufacturing activity. 

A freeport operator or private freeport developer engaged in the manufacture of goods will be liable to income tax at the rate of 3% on profits derived from the sale of goods on the local market.

Existing manufacturing companies issued with a Freeport certificate will have to meet the following substance criteria:

  • employ a minimum of 5 employees; and
  • incur an annual expenditure exceeding Rs 3.5 million.