South Africa: Special economic zone, corporate tax | KPMG | GLOBAL

South Africa: Special economic zone, corporate tax rates

South Africa: Special economic zone, corporate tax

There is some uncertainty in South Africa regarding the tax rate of the “special economic zone” tax incentive and tax relief initiative for companies operating in geographically designated areas of South Africa set aside for specifically targeted economic activities. The incentive is an economic development tool to promote rapid economic growth by using support measures to attract targeted foreign investments and technology.


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One benefit of the special economic zone incentive is a reduced corporate tax rate of 15%. The approval process is still in its formative stages.


Read a November 2017 report [PDF 83 KB] prepared by the KPMG member firm in South Africa

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