Gov’t prepares new legal and tax wrapper for central business districts

The government is moving to carve out its financial and business districts from the domestic regulatory framework.

REMEMBER- last year studying legislation and incentives weighing tax and customs breaks

The referee and the builder

The legislation separates regulation from development.

Development sits in a separate lane.

A quarter-century tax holiday:

The incentive clock starts from the district’s operation date

Capital mobility and foreign loans:

Financial oversight stays with the sector regulators: