Incentives
Why Invest
The Tshwane Automotive Special Economic Zone (TASEZ) is Africa’s first automotive city and a desired automotive investment destination.
There are a number of important reasons to invest in TASEZ:
- It is based in a prime position
- As an automotive hub that is close to an already established automotive industry, it provides economic benefits of scale and scope, allowing for a lower cost of doing business
- It offers world-class customised solutions such as serviced sites and fit-for-purpose buildings
- Has a professional team of sector specialists who drive the development of TASEZ to ensure that it continues to remain a competitive business environment
- Helps to link investors and developers to various regulatory bodies and facilitates the development process
- As an SEZ, investors are provided with a range of financial incentives
- Provides environmental impact assistance where necessary
- Is close to a skilled labour force
- Supports investors with marketing and other value-added services
- Has easy access to a strong consumer base
- Provides connectivity to both suppliers and potential markets whilst promoting export-orientated industries and local integration
- ICT service-based infrastructure, allowing for the high-speed connectivity of voice/data/internet and video services into the tenant’s premises
- Support safety, health, and environment with services
- Provides skills development related incentives
- Offers export marketing support
- Supports job creation, with accessible national and provincial grants
- Supports foreign investment, with compensation for the qualifying costs of moving new machinery and equipment from abroad
- Investing/reinvesting in productive assets
- Offers local enterprise development
- Infrastructure networks, including road, rail, and air connectivity
- Financial support from the Gauteng Department of Economic Development and the City of Tshwane
- Safety, health, and environment support services
A One-Stop-Shop
We have partnered with the Tshwane Economic Development Agency to set up a one-stop-shop to help business who may be planning to operate within the TASEZ automotive city.
We help with:
- SEZ investor applications
- Municipal building plan approvals, where applicable
- SEZ tax incentive applications
- Customs Controlled Area applications, if required
- Visas, work permits and other related migration processes
- After-care services
- Applications for to the Automotive Investment Scheme (AIS) for any qualifying component manufacturers
Incentives
Investors can access a number of government incentives that range from financial support to tax reductions, and from covering the cost of moving equipment from abroad to support for skills upgrading programmes.
Automotive Investment Scheme
The Automotive Investment Scheme (AIS) is an incentive designed to grow and develop the automotive sector through investment in new and/or replacement models and components that will increase plant production volumes, sustain employment and/or strengthen the automotive value chain. Read More
Automotive Production and Development Programme
The Automotive Production and Development Programme (APDP) is a production incentive scheme aimed at promoting production volumes, promoting added value in the automotive component industry to create employment across the automotive value chain. Read More
Tax relief
A range of tax incentives are available to companies locating in certain SEZs, subject to specific criteria. Incentives that companies may qualify for include VAT and customs relief, if located within a Customs- Controlled Area (CCA), an employment tax incentive, building allowances, and reduced corporate income tax rates. Read More