Economic Zones

Special Economic Zones

The Special Economic Zones are servuced areas dedicated to hosting economic activities designed to offer a range of infrastructure and services that ensure the best conditions for companies to carry out their activities.

The SEZ governance framework

As specified in Decree No. 2017-534 establishing and setting the rules for the organisation and operation of the Joint Public-Private Committee, the governance framework adopted for the administration of Senegal's Special Economic Zones is made up of the following entities:

• Ministry in charge of Investment Promotion,responsible for the strategic orientations and the implementation of the SEZ development policy;
• The joint public-private committee in charge of control, regulation, mediation and conciliation between all the players in the SEZs;
• The SEZ Administrator in charge of the administration and management of the Special Economic Zones of Senegal ;
• Promoters/developers responsible for promotion, development, planning and operation in SEZs ;
• SEZ companies, which are the economic entities that have received an approval issued by the SEZ Administrator, to carry out any economic activity, especially industrial activity.

The incentive scheme applicable in SEZs

Businesses including SEZ promoters/developers can benefit from an incentive package that entitles them to tax and customs exemptions. As provided for in law n° 2017-07 of January 6, 2017 on incentives applicable in the SEZs and the decree n° 2017-1174 implementing the law n° 2017-07 of January 6, 2017, exempted companies will benefit in particular from the following:

• the right of admission free of all duties and taxes levied at the customs cordon with the exception of Community levies on raw materials, equipment, other goods and the right to export the same goods free of duty outside the national territory;
• exemption from the payment of any income tax;
• a 1a 15% tax rate on corporate income tax;
• the possibility of concluding fixed-term contracts for a period of five (05) years;
• exemption from the flat-rate contribution payable by the employer or any other tax based on salaries paid by companies and borne by them;
• an exemption from the flat-rate minimum tax on companies.

Over a renewable period of 25 years

 

Investment opportunities in SEZs

The main vocations of the SEZs are in the following sectors of activity:

• agribusiness
• industry
• Digital Emconomy
• tourism
• the provision of medical services
• services

Services provided by the Administrator in SEZs

The Administrator is responsible for ensuring that each promoter/developer has the technical inpjut factor costs available, in particular: road connectivity, water, electricity, sewerage & IT networks. In addition, the Administrator will ensure the establishment of a one-stop shop / service centre at the level of each SEZ for, inter alia, the following:

Single Window / SEZ

• registration of SEZ companies
• drawing up declarations relating to the activities of companies
• issuing of various approvals, certificates and visas related to the activities of companies