PEZA Incentives: Income Tax Holiday of 4 years  extendable to 8 years, 5% tax on Gross Income after ITH , Exemption from duties and taxes on imported capital equipment, spare  parts, supplies and raw materials, Zero rated VAT, Domestic sale allowance equivalent to 30% of total sales, Exemption from export taxes, wharfage dues, imposts and fees, Special visa for foreign investors and immediate family members, Employment of foreign nationals, Simplified import and export procedures