Home  About Malawi Embassy Information Consular Services  Trade and Investment Tourism       INVESTMENT POLICY     Malawi has a stable political environment; a friendly, kind and well trained hard working English speaking people; and a liberalized economy where companies operate and access opportunities without government interference. The government’s efforts aim to facilitate, rather than to regulate private investment.   3    Incentives for Manufacturing in Bond   i.    Export tax allowance of 12 percent of export revenues for non-traditional exports     ii.    Transport fax allowance equal to 25 percent of international transport costs, excluding traditional exports     INVESTMENT INCENTIVES   iii.   No duties on imports of capital equipment used in the manufacture of exports Malawi investment Promotion Agency (MIPA) advises that Malawi offers the following incentives:     iv.   No surtaxes 1.    General Incentives   v.    No excise taxes or duties on purchases of raw material and packaging materials i.    Additional 15 percent allowance for investments in designated areas of the country     vi.   Timely refund of all duties (duty drawback) on imports of raw materials and packaging materials used in the production of exports ii.    Allowance up to 20 percent for used buildings and machinery   iii.    Allowance for manufacturing companies to deduct all operating expenses incurred up to 24 months prior to the start of operations       KEY AREAS OF POSSIBLE INVESTMEN iv.    Zero duty on raw materials used in manufacturing   Malawi has several investment opportunities in areas such as mining, tourism, manufacturing, agro-processing including fruit juice processing, soya bean oil extraction, integrated cotton industry (spinning, weaving, and ginning); phosphate fertilizer manufacturing; garment manufacturing, etc. v.     Indefinite loss carry forward enabling companies to  takeadvantage of allowance     vi.    Low wage rates and a stable social and political environmen   vii.    40% investment allowance on qualifying expenditure for new buildings and machinery           For more information, please contact the following institutions 2.     Incentives Export Processing Zone (EPZ)   1.   Malawi Investment Agency (MIPA) i.     No withholding tax on dividends   Private Bag 302, Capital city Lilongwe 3, Malawi ii.    No duty or capital requirement on capital equipment and raw materials   Phone:  265-1-770 800,  Fax 265-1-770 781 iii.   No excise taxes on purchases of raw materials and packaging materials made in Malawi   email: mipall@malawi.net iv.   No surtaxes (VAT)   2.   Malawi Export Promotion Council (MEPC) v.    Zero corporate tax rates   P.O. Box 1299, Blantyre     Phone: 265 - 1 - 820 499, Fax 265 - 1 - 835 42     email: mepc@malawi.net