Lifecycle
- Effective
- Last change
Country / jurisdiction: Zimbabwe · Year: 2010 · Status: In force · Level: National · Type: Voluntary
Zimbabwe has several investment incentives through tax and customs exemptions, which can be used to support renewable energy projects.
Duties and Value Added Tax
Solar and electrical equipment receives exemption from import duty but a 15% VAT charge applies.
The import duty exemptions are given to: solar panels, inverters, solar lights, energy saving light bulbs and electricity generators.
Income Tax Holiday
Renewable Energy developers can benefit from a ten-year income tax holiday offered to investors within the energy, water and sanitation and transport sectors.
The following income tax deductions are available:
First five years: 0%
Second five years: 15%
After ten years: 30%
Official source: http://www.zimra.co.zw/index.php?option=com_content&view=article&id=74&Itemid=73%20
Source
https://www.iea.org/policies/6006Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.