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Incentives offered
No income taxes, corporate taxes or property taxes.
- Exemption of import duty on raw material
- Right to 100% foreign ownership
- Legally backed investment guarantee
- Overseas arbitration of disputes
- Freedom to repatriate profits and capital proceeds
- Long term lease of land for large scale projects
- Freedom to use foreign managerial, technical and unskilled workers.
- No exchange restrictions.
Clear guidelines, laws and regulations are set up to highlight
- Term of investment
- Duty exemption
- Dispute settlement
- Levies and fees
Source: http://www.investmaldives.og
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