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Calabar Free Trade Zone




The Calabar Free Trade Zone is a friendly business location in Nigeria through:

INCENTIVES
  • Exemption from all Federal, State and Local Government taxes, levies and rates
  • Approved enterprise shall be entitled to import into a Zone, free of Customs Duty, any capital goods, consumer goods, raw material, components or articles intended to be used for purposes of and in connection with an approved activity
  • Freedom from legislative provisions pertaining to taxes, levies, duties and foreign exchange regulations
  • Repatriation of foreign capital on investment in the Zone at any time with capital appreciation of the investment
  • 100% foreign or local ownership of a factory
  • One stop approvals, factory management deals with only the Regulatory Agency, NEPZA which grants all licenses whether or not the business is incorporated in the customs territory
  • Unrestricted remittance of profits earned by investors
  • Permission to sell up to 100% of total production in the domestic market on payment of appropriate duties and charges
  • No import or export licenses shall be required
  • Rent-free land at construction stage, thereafter rent shall be as determined by the management of the Zone
  • Foreign manager and qualified personnel may be employed by Companies operating in the Zone
  • Operations within the Zone shall commence on the date when the construction of the perimeter fence and gate of the Zone have been completed and the Authority has declared it so.

ACCESS TO THESE FACILITIES
  • Large expanse of industrial land with good access to international air an seaports
  • Fenced wall around the Zones with good security network
  • Retrained Free Zone Customs, and Immigration that will carry out the specialized customs/immigrations roles as obtained in the Free Zone worldwide
  • Police post to provide security for the Zone
  • Pre-built Zone warehouses for warehousing and storage of products pending repackaging and purchases
  • Efficient telecommunication facilities
  • Uninterrupted electricity and water supply
  • Good internal/external road network
  • Central transit warehousing facilities at major ports for efficient handling of the Free Zone goods

INDUSTRIES PERMISSIBLE
Business opportunities within the Zone include:
  • Electrical and electronic products
  • Textile products
  • Garments, wood products and handicraft
  • Leather products
  • Petroleum products
  • Rubber and plastic products
  • Cosmetics and other chemical products
  • Metal products and machinery
  • Educational materials and sports equipment
  • Printing materials
  • Communication and office equipment
  • Medical kits
  • Optical instruments and appliances
  • Biscuits, confectionery and food processing
  • Pharmaceuticals
Proposals for industrial set-up outside this list will be considered on their individual merit.


SUMMARY OF INVESTMENT PROCEDURES

  • Inquiries and obtaining Investment Application Forms
  • Inspection of the pre-built factory buildings and industrial plots
  • Submission of Investment Application Forms
  • Screening and processing of Application Forms
  • If application is approved, apply for company registration

Outright purchases of standard factory:
  • Payment of 10% deposit of the selling price of the standard factory building within 3 months of approval.
  • Payment of the balance of 90%, 5 months after

Renting of the factory building:
  • Down payment of one year rent required

Leasing the standard factory building:
  • Payment of 40% lease value on approval
  • Payment of 30% lease value at the end of the 1st 5 years
  • Payment of 30% balance at the end of the 10th year
Leasing of service plot or factory building

Pre-production inspection factory building, plant and machineries before commencement of operations.

For further information:





Head Office
Plot 112, Shehu Shagari Way
Behind Bullet Garden, Asokoro,
P. M. B. 037, Garki, Abuja
Tel: +234-(0)9-233060/2343062

Calabar Zone
Calabar Free Trade Zone
Off Ikot Road
P. M. B. 1200, Calabar, CRS.
Tel: +234-(0)87-210001/4, 210012/4
Web: www.nepza.com
Email: cepz@infoweb.abs.net

Lagos Office
#5, Billingsway
Oregun Ind. Estate
Oregun, Ikeja, Lagos State
Tel: +234-(0)1-4705430