| EXPANDING SERVICE COMPANIES |
| |
| The tax relief period of an expanding service company will: |
| • |
Commence on its day of expansion |
| • |
If the expansion falls within the tax relief period specified in any certificates previously issued to the company for the same or similar qualifying activities, the new tax relief period will begin immediately upon expiry of the existing tax relief period. |
|
| |
| Any given extension period shall not exceed 5 years at any one time and may be extended but not exceeding no more than 20 years in total. |
| |
| Tax Relief Period |
| |
| Referring to the points above |
11years |
| Extension |
5 years at one time but not exceeding 20 years in total |
|
| |
| Investment Incentives |
| |
| • |
Exemption from income tax |
|