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Swaziland

List of incentives available in this location for quick easy reference below.

Incentives

Table key

  • Incentive offered
  • Incentive not offered
  • Did not submit information
Cash grants/incentivesMore [+]Less [-]
  • Export Credit Guarantee Scheme: Investors who manufacture/process for the export markets can obtain funds from local banks to process their orders. The Government of Swaziland guarantees loans raised for this purpose.
  • Repatriation of Profits: The liberalized foreign exchange mechanisms also allow full repatriation of profits and dividends of enterprises operating in the country. Repatriation is also allowed for salaries of expatriate and capital repayments.
Tax exemptionsMore [+]Less [-]

a) Corporate Tax Rate: The general corporate tax rate has been reduced from 37.5% to 30% for all companies.

b) Unlimited Loss-carry Forward: If a company incurs a loss in a year of assessment, that loss can be carried forward and set-off against future assessable income for that company.

c) Development Approval Order: This is a Corporate Tax Incentive allowed by the Minister for Finance to encourage investments in the country. It is applicable to investments in Manufacturing, Mining, Agribusiness, Tourism and International Services. A Concession of Corporate Tax at the minimum rate of 10% for a period of 10 years can be applied for. (Conditions apply)

Property assistance / other fiscal incentiveMore [+]Less [-]

Industrial land for manufacturing and processing is provided to investors fully serviced, in terms of bulk infrastructure (roads, electricity, water, treatment plants etc). The land is then provided to investors on full title (full ownership) at a subsidized rate.

Training and labor market assistanceMore [+]Less [-]

Country offers a training rebate of 100% of cost of training. Vocational training institutions are in place to support industry skills requirements.

Loan guarantees, cheap loans or finance
Exemptions from regulations
Target sectorsMore [+]Less [-]
  1. Agribusiness
  2. Manufacturing and Electronics Assembly
  3. International Services (BPO, Contact Centres and Tourism).
Sectors specific incentivesMore [+]Less [-]

Not as yet developed specific sector incentives, but typically provide all the incentives included in our document to investments in the promoted sectors, including mining.

Sponsorship

If you are the authorised promotions agency for Swaziland and would like to have your location highlighted on fDi Atlas, you can contact our sales team on + 44 (0) 207 775 6667 or contact us here.