Tax Holiday Period

The company shall enjoy tax holidays for the duty exemption period 12th December, 2020 and 12th December, 2021 respectively. - Waiver of Withholding Taxes on interest payment to non- residents as provided for under section 113 (4) of the Income and Business Tax Act and Tax on insurance premium to non-residents; - Waiver of withholding Taxes on lease/rental payments; - Waiver of withholding Taxes on Management Fees.