Incentive Data

Exemption from Income Tax till 30th June, 2039 for contractors and sub-contractors

“Income derived by contractors and sub-contractors of China Overseas Ports Holding Company Limited, China Overseas Ports Holding Company Pakistan (Private) Limited, Gwadar International Terminal Limited, Gwadar Marine Services Limited and Gwadar Free Zone Company Limited from Gwadar Port and Gwadar Free Zone operations for a period of twenty years, with effect from the first day of July, 2016.”

 

Source*: (Section 126AC of Part I of the Second Schedule to the Income Tax Ordinance 2001.)