Section 18: Incentives and related matters.

(1) Approved enterprises within the Export Free Zone shall be entitled to the following incentives-
(a) legislative provisions pertaining to taxes, levies, duties and foreign exchange regulations shall not apply within the Export Free Zone;
(b) repatriation of foreign capital investment in the Export Free Zone at any time with capital appreciation of the investment;
(c) remittance of profits and dividends earned by foreign investors in the Export Free Zones;
(d) no import or export licences shall be required;
(e) up to a minimum of 25 per cent of production may be sold in the territory against a valid permit, and on payment of appropriate duties;
(f) rent free land at construction stage, thereafter rent shall be as determined by the Authority;
(g) up to 100 per-cent foreign ownership of business in the Export Free Zone allowable;
(h) foreign managers and qualified personnel may be employed by companies operating in the Export free zone.
(2) The Authority shall be the only agency qualified to-
(a) give all approvals; and
(b) cancel all licenses.
(3) The Authority shall simplify all procedure necessary for authorization of investments in the Export Free Zone and state by Order from time to time its requirements for the grant of authorisations for investments in Export Free Zone.
(4) Operations within the Export Free Zone shall commence on the date when the construction of the perimeter fence and gate of the Export Free Zone have been completed and the Authority has assumed duties.
(5) There shall be no strikes or lockouts for a period of 10 years following the commencement of operations within the Export Free Zone and any trade dispute arising within the Export Free Zone shall be resolved by the Authority;