Investment Policy Monitor
-
UNCTAD has been collecting information on changes in national foreign direct investment (FDI) policies on an annual basis since 1992. This collection has provided input to the analysis of global and regional investment policy trends in the World Investment Report, the Investment Policy Monitors and the UNCTAD-OECD Reports on G20 Measures.
In 2024, to further strengthen the quality of reporting, UNCTAD revised the methodology of monitoring investment policy measures. and revised the measures going back to 2012 accordingly.
The Investment Policy Monitor provides the international investment community with country-specific, up-to-date information about the latest developments in foreign investment policies.
Through its monitoring of investment policy changes, UNCTAD offers cutting-edge and innovative contributions to investment policy discourse, and contributes to preparing the ground for future policymaking in the interest of making foreign investment work for sustainable development.
-
The UNCTAD's Investment Policy Monitor database include official measures affecting FDI adopted by United Nations Member States. These encompass measures explicitly targeting FDI (FDI-specific), as well as general investment measures with a clear impact on foreign investment (FDI-related). The measures are either reported directly to UNCTAD by Member States through annual surveys or identified by UNCTAD researchers through publicly accessible sources (such as government websites and specialized policy databases). The classification of measures as more or less favourable is based solely on their potential impact on investors.
Note: Measures are verified, to the fullest extent possible, by referencing government sources. The compilation of measures is not exhaustive.
Disclaimer: the boundaries and names shown and the designations used on this map do not imply official endorsement or acceptance by the United Nations.
Share
![Twitter](/Content/images/tw-soc.png)
![Facebook](/Content/images/fb-soc.png)
![E-mail](/Content/images/mail-soc.png)
![Share](/Content/images/share-soc.png)
![Print](/Content/images/print-soc.png)
Latest publications
![collapse](/Content/images/circle-collapse.png)
- Home >
- Investment Policy Monitor >
- Zambia - Introduces measures to simplify taxation, attract investment in infrastructure, and support agro-processing
Zambia
Introduces measures to simplify taxation, attract investment in infrastructure, and support agro-processing
01 Jan 2023The 2023 Budget implemented tax changes from January 1, 2023. Key highlights include:
Direct Tax Changes: - Single tax rate of 35% for telecommunication. - Income tax reduced to 25% for gemstone facilities. - Presumptive tax reduced to 15% for land-based betting companies. - Removal of 20% withholding tax on re-insurance. - Inclusion of software rent in royalties definition. - Restructured mineral royalty regime based on incremental value. - Property transfer tax reduced to 7.5% for mining exploration. Public-Private Partnership Incentives: - 20% tax reduction for special purpose vehicles in PPP projects. - Accelerated wear and tear allowances for project-related assets. - Customs duty and VAT exemption for imported project assets. - Input VAT claim allowed for special purpose vehicles during set-up phase. Income Tax Concessions for Agro-Processing: - 15-year income tax concessions for corn starch sales. - 0% corporate income tax for 2023-2033. - Gradual relief for corporate income tax in subsequent years. - 0% withholding tax on dividends for 2023-2033.
-
Type:
- Promotion and facilitation (Investment incentives)
-
Industry:
- Not industry specific
-
Sources:
- Government Portal, 2023 BUDGET ADDRESS, https://www.parliament.gov.zm/sites/default/files/images/publication_docs/2023%20Budget%20Speech.pdf, 30 Sep 2023
- Orbitax, Zambia Implements 2023 Budget, https://www.orbitax.com/news/archive.php/Zambia-Implements-2023-Budget--52031, 10 Feb 2023
-
UNCTAD has been collecting information on changes in national foreign direct investment (FDI) policies on an annual basis since 1992. This collection has provided input to the analysis of global and regional investment policy trends in the World Investment Report, the Investment Policy Monitors and the UNCTAD-OECD Reports on G20 Measures.
In 2024, to further strengthen the quality of reporting, UNCTAD revised the methodology of monitoring investment policy measures. and revised the measures going back to 2012 accordingly.
The Investment Policy Monitor provides the international investment community with country-specific, up-to-date information about the latest developments in foreign investment policies.
Through its monitoring of investment policy changes, UNCTAD offers cutting-edge and innovative contributions to investment policy discourse, and contributes to preparing the ground for future policymaking in the interest of making foreign investment work for sustainable development.
-
The UNCTAD's Investment Policy Monitor database include official measures affecting FDI adopted by United Nations Member States. These encompass measures explicitly targeting FDI (FDI-specific), as well as general investment measures with a clear impact on foreign investment (FDI-related). The measures are either reported directly to UNCTAD by Member States through annual surveys or identified by UNCTAD researchers through publicly accessible sources (such as government websites and specialized policy databases). The classification of measures as more or less favourable is based solely on their potential impact on investors.
Note: Measures are verified, to the fullest extent possible, by referencing government sources. The compilation of measures is not exhaustive.
Disclaimer: the boundaries and names shown and the designations used on this map do not imply official endorsement or acceptance by the United Nations.
Share
![Twitter](/Content/images/tw-soc.png)
![Facebook](/Content/images/fb-soc.png)
![E-mail](/Content/images/mail-soc.png)
![Share](/Content/images/share-soc.png)
![Print](/Content/images/print-soc.png)
Latest publications
![collapse](/Content/images/circle-collapse.png)