On March 11th, the Peruvian Minister of Economy and Finance announced on March 10th local time that the Qiankai and Callao port areas will be the first implementation areas of the Peru Economic Zone (ZEEP) pilot program. According to the Peruvian government’s plan, businesses operating in these areas will enjoy a 0% income tax rate to attract domestic and foreign investment, promote employment growth, and facilitate technology transfer and the development of emerging industries. The launch of this pilot program is a concrete implementation of the resolution on tax and customs special treatment for private economic zones (ZEEP) approved by the plenary session of the Peruvian Congress in December 2024. The resolution proposes the establishment of eight private economic zones. (CCTV News)
Scan code to share