Gabon special economic zones in 2024
Healy Consultants will be pleased to assist our Clients to register their company in Gabon’s free zones (GSEZs). The Gabonese Government has launched 2 Special Economic Zones (SEZs) – i) Nkok SEZ and ii) Mandji Tax-free Zone. These Gabon SEZs offer multiple benefits including:
- 100% corporate tax exemption for 10 years;
- No restrictions on hiring foreign labor;
- 100% exemption from i) withholding tax ii) property tax iii) VAT and iv) import duties for 25 years;
Summary at a Glance | Nkok SEZ | Mandji Tax-free Zone |
---|---|---|
Total area available (in hectares) | 1,100 | 1,500 |
FTZs used mostly by which industry? | Timber | Oil & Gas |
Average annual Industrial space rent per 1000 sq. m. | US$65,000 | US$65,000 |
How long to set the company up? | 3 months | 3 months |
How long to open company bank account? | 4 weeks | 4 weeks |
Quality of Utilities | Fair | Fair |
Allowed to sign sales contracts with Gabon Clients? | Yes | Yes |
Allowed to invoice Gabon Clients? | Yes | Yes |
Corporate tax payable in Gabon for 10 years | 0% | 0% |
Corporate bank account | Citibank Gabon | Citibank Gabon |
Physical office space required | Yes | Yes |
Industrial space availability | Many | Many |
Allowed to import raw materials? | Yes | Yes |
Allowed to export goods? | Yes | Yes |
Wholly foreign owned | Yes | Yes |
Can the entity hire expatriate staff in Gabon? | Yes | Yes |
Minimum number of directors | 1 | 1 |
Minimum number of shareholders | 1 | 1 |
Tax registration certificate required | Yes | Yes |
Individual shareholders allowed | Yes | Yes |
Corporate shareholders allowed | Yes | Yes |
Corporate director(s) allowed | No | No |
Public register of shareholders and directors | Yes | Yes |
LLC company allowed? | Yes | Yes |
Can apply for immigration visas | Yes | Yes |
Annual audited financial statements | Yes | Yes |