Developing city centre and resort area restaurants and hotels. Cruise boats on Lake Malawi. 50 percent allowance for certain training costs. Allowance for manufacturing companies to deduct all operating expenses incurred up to 24 months prior to the start of operations. Zero duty on raw materials used in manufacturing.
Indefinite loss carry forward enabling companies to take advantage of tax allowance.
Duty free importation of heavy commercial vehicles with payloads of at least 10 tonnes. Agreement for the reduction of withholding taxes on remittances and payments. Low wage rates and a stable social and political environments. No duty or capital requirement on capital equipment and raw materials. No excise taxes on purchases of raw materials and packaging materials made in Malawi.