FAQ , Investment Incentives, Privileges and Facilities

What types of investment project are eligible for tax exemption facilities?

Oct 07, 2021

Income tax exemption shall be granted to the following types of investment proj- ects (registered with BIDA), namely:

1. Newly established investment project (industrial undertakings),

2. Newly established physical infrastructure (physical undertakings),

3. Public Private Partnership (PPP) project,

4. Private sector power generation (other than coal-based),

5. Businesses of software development and information technology enabled services. Income tax exemptions are tied with condition, which are: i) Must registered with BIDA ii) Obtained certificate from NBR