Strategic Incentives
As a Special Economic Zone, TRIFIC provides competitive incentives for BPO companies to set up, combined with one-stop-shop regulatory support services.
Inputs
0% VAT and Import Duty Exemptions
• Lower operational cost, leading to competitive pricing, due to the VAT zero-rated status on the supply of goods or taxable services, and duty exemption on importation of goods to the TRIFIC zone.
Repatriation
10-year holiday
• 10-year holiday on repatriated capital and a preferential rate of 5% thereafter.
Corporate Tax Outflows
10% Corporate Tax Rate
• Reduced corporation tax outflows on service fees from group entities due to the preferential CIT rate of 10% for the first 10 years and 15% next 10 years.
- Capital Raising
Equity
• Maximum return on capital due to the withholding tax exemption on dividend distribution.
Debt
• Lower cost of debt due to the 10- year withholding tax exemption and a preferential rate of 5% thereafter.
- One-Stop-Shop Support with Regulatory Authorities
Navigating bureaucratic hurdles can be time-consuming and expensive. The streamlined one-stop-shop services within TRIFIC free up resources and time, allowing businesses to focus on core activities.
TRIFIC offers an accelerated and seamless administration process with the relevant authorities, including registration, handling of work permits, licencing, etc., throughout the entity’s life in TRIFIC via TRIFIC’s One-Stop- Shop Centre.
- Top-Notch Self-Sustaining Infrastructure
TRIFIC is a holistic, self-sustaining, and SDG- compliant asset, including an independent and in-house power infrastructure, ensuring 99.99% uptime, unmatched technology offering, and top-grade security offerings.
Holistic and BPO-Friendly Lifestyle
TRIFIC, as an ecosystem, provides a holistic lifestyle onsite, including affordable housing accommodation with more than 1,000 residential units, hospitality, entertainment, food and beverage, shopping, and healthcare facilities.
