1. INTRODUCTION TO EPZA

i) Export Processing Zones Authority was established through an Ordinance IV of 1980 with the mandate to plan, develop and operate Export Processing Zones in Pakistan.

ii) EPZA is an autonomous body working under the administrative control of Ministry of Industries & Production. EPZAs in Pakistan under Section 2 (k) of the Ordinance. To create enabling environment for promotion / setting up of efficient and environment friendly industries to achieve overall objective of export led growth in line with EPZA’s mandate. To attain export of US$ one billion by 2025 through proactive facilitation of investors and by creating conducive environment for them to enhance export-led manufacturing, trade and investment.

iii) The concept of EPZ is well known both locally and internationally. All the emerging economies have adopted this concept for the sustained industrial growth for the economic betterment of their people. EPZs is one of the tool in portfolio mechanism commonly employed to create employment, boost exports, attract foreign investment through Provision of incentives, streamlining  the procedure and Customs-build infrastructure.

Phase-III

2) INCENTIVES OFFERED BY EPZA

  • Duty-free import on machinery, equipment and materials
  • Freedom from national import regulations
  • Exchange control regulations of Pakistan not applicable
  • Repatriation of capital and profits
  • No sales tax on input goods including electricity / gas bills
  • Domestic market available to the extent of 20%. Exceptions may be available.
  • Presumptive tax @ 1%
  • Only EPZA is authorized to collect Presumptive Tax at the time of export of goods    which would be final tax liability
  • Obsolete / old machinery can be sold in domestic market of Pakistan after payment of applicable duties & taxes
  • Defective goods/waste can be sold in domestic market  after payment of applicable duties, maximum up to 3% of total values
  • One window operation with simplified procedures.

3) FACILITIES OFFERED BY EPZA

  • All facilities including  uninterrupted electricity , gas and water are made available
  • Peaceful, secure and environmentally protected pollution –free work area
  • Inter-unit transfer of finished goods among exporting units allowed
  • Easy access to sea (Karachi EPZ) and airport
  • Abundance of skilled and educated workforce
  • Sub-contracting without limit on variety and quantity is allowed outside the zones as well as  within the zones
  • GSP PLUS concessions are available to the manufacturers in the zone
  • Relief from double taxation subject to bilateral agreement.
  • 24-Hours emergency medical Services
  • Secured bonded area with round the clock Security
  • Firefighting facility is available
  • Offshore banking facility.

4) DEVELOPMENT OF KEPZ PHASE-III

The development of KEPZ Phase-III, which is the extension of the existing Phase-I&II. The construction of Boundary wall of Phase-III has successfully been completed & the paper work of infrastructure development have been completed by the Consultant. The tenders will be awarded shortly and the development work will be started from October 2016 & will be completed within 2 years time. The total number of plots available is 180 for doing business in industrial, trading & Processing.

 

5) MODE OF PAYMENT

Payment of development charges is to be paid in designated branch of UBL.The payment of development charges is to be completed within two years, as per details given:

i) 1st installment of Rs.2.5 million. Along with registration form
ii) 2nd installment of Rs.2 million. Within next six months
iii) 3rd installment of Rs.2 mllion     _do_
iv) 4th installment of Rs.2 million   _do_

In case of failure of payment of the required installment amount in time, the candidature shall be passed on to the next applicant awaiting. The deposited amount will be refundable as per refund policy to be announced shortly.

 

6) PROCEDURE FOR SUBMITTING BUSINESS PLAN

I) Initially intending investor(s) has to fill in the registration form along- with deposit of amount of Rs.2.5 million per plot (1000 sq.meter) in the designated  branch.

Bank Branch
UBL Dr. Zia Uddin Ahmed Branch, Karachi
   
Title of A/C Account Number
EPZA KP III 1568232193266

II) The registration form along with deposit slip is to be submitted in the office of General Manager (Investment Promotion) EPZA office at Karachi Export Processing Zone, Landhi Industrial area Mehran Highway, Karachi, EPZA .He will issue acknowledgement receipt of registration form & payment. (Download Registration Form)

III) The registered Investor will have to submit business plan within a week time on prescribed application Form which can be downloaded from EPZA website (www.epza.gov.pk) or can be obtained from the office of General Manager (Investment Promotion). (Download Application Form)

IV) The Provisional Offer Letter will be sent to the investor(s) within one week after submission of business Plan.

V) The Annual Ground Rent (AGR) & Security Deposit will be applicable as per policy / from the date of possession of Plots, The allotment of Plots will be made by executing License Agreement for 30 years (renewable)

 

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