Not required except specific licenses from concerned agencies.
Remittance of capital, profits, dividends, etc.
Allowed
Allowed
Upper Limit of foreign equity allowed
100%
100%
100%
100%
Minimum Investment Amount (M $)
No
0.3
0.3
0.15
Customs duty on import of PME
5%
0%
5%
0-5%
Tax relief (IDA, % of PME cost)
50%
50%
Royalty & Technical Fee
No restriction for payment of royalty & technical fee.
Allowed as per guidelines - Initial lump-sum upto $100,000 - Max Rate 5% of net sales - Initial period 5 years
* Specified Industries:
- Arms and ammunitions
- High Explosives.
- Radioactive substances
- Security Printing, Currency and Mint.
No new unit for the manufacturing of alcohol, except, industrial alcohol
PME= Plant, Machinery and Equipment
IDA= Initial Depreciation Allowance
