BENEFITS
By ZEDE
A
PIADY OFFERS
Industrial Park- Strategic location.
- Monitored perimeter fence.
- Security main gate.
- Video camera monitoring system.
- Reinforced concrete main roads.
- Tratamiento de aguas redisuales.
- Wastewater treatment plant.
- Electric substation.
- Aditional services facilities.
- Firex concrete roads.
- Use a land approval by Yaguachi Decentralized Autonomous Government GAD.
- World class infrastructure
B
BENEFITS OF ZEDE
A special development zone- 5% reduction of current corporate income tax
- Simplified customs processes
- Exit tax (ISD) exemption.
- VAT credit on locally purchased raw material incorporated into the transformation process of final export goods.
- Tariff exemption.
C
NEW AND PRODUCTIVE INVESTMENT
By ZEDE- A five-year exemption fromincome tax as well as advance tax starting from the time firsth earning are reported.
- Enterprises set up in special development zone (ZEDE) are granted a 5% reduction to the current income tax rate as from the sixth year onwards.
Any investment may be considered a new and production investment when investment in land is not higher than 20% of total investment amount.