Put on your investment glasses
Zanzibar is well positioned to become an African business hub . It has opened its doors for investment in a wide range of sectors .
Reasons to Invest in Zanzibar
Stability and Investment Guarantees
Zanzibar is politically , socially and economically stable . Private investments are protected under domestic laws and through international conventions . The legal and regulatory framework is conducive to investment .
Strategic Location
Zanzibar has been a trading hub for millennia . Due to her geographical location , it has become an ideal place for companies that need to do business with mainland Africa and beyond .
Abundant Resources
Zanzibar has abundant resources in the areas of agriculture and marine industry . Its lovely sandy beaches and warm sunshine make it conducive for tourist investment . Zanzibar has recently discovered oil and gas which opens its doors to more investment .
Workforce
Zanzibar offers a young and dynamic workforce . It also gives investors an opportunity to employ expatriates in key positions .
Market Potential
Zanzibar is unique with outstanding differences from other small island economies in the world . Being part of the United Republic of Tanzania , it has huge market potential with a population of over 50 million . Since the United Republic of Tanzania is a member of East African Community ( EAC ) and Southern African Development Community ( SADC ), Zanzibar has easy access to a market area with over 300 million people . Besides , Free Economic Zones provide opportunities to investors who wish to conduct re-export business by putting their processing industries and repacks for the foreign market .
Predictable Fiscal Regime
Zanzibar has a stable and predictable fiscal regime that , among other things , recognizes the importance of the companies to recover investment costs prior to the payment of corporate tax . It also offers lucrative incentive packages to investors . Foreign investors are allowed to own 100 percent of their businesses .
Magnificent Business and Leisure Destination
The people of Zanzibar are very friendly and hospitable , and investors will find the Island a lively place for both work and leisure .
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