Benefits of SEZs
Custom Duty Exemption
Custom Duty Exemption
SEZ units can import goods duty-free for their authorized operations and source goods from the Domestic Tariff Area without paying any duty
Simplified Procedures
Simplified Procedures
SEZ units enjoy streamlined procedures for approvals, registrations, and certifications. They can benefit from a single-window clearance system that caters to all their needs
Infrastructure Support
Infrastructure Support
SEZ developers can construct and maintain infrastructure facilities like roads, power, water, and communication networks within the SEZ, with government aid. SEZ units have access to top-notch infrastructure facilities within the zone
Sustainable Development Goals
Sustainable Development Goals
Many global SEZ zones are moving towards implementing sustainable development goals which incorporate principles of carbon offsetting, renewable energy sources, along with ESG policies to become enablers of greener energy consumption. An example of this is the Sri City SEZ which is recently nominated in the top 50 SDG zones
Flexibility in Employment
Flexibility in Employment
SEZ units are allowed to hire both domestic and foreign workers without any restrictions. They can also provide better compensation packages to their employees
