Sameer Group of Companies

'Successfully developing and operating Kenya’s first multi-factory Export Processing Zone'.

Award
1st Prize Best EPZ Developer/Operator, by the Kenyan EPZ Authority, African Industrialisation Day Celebrations, 2003.

Committed to Protecting the Environment:
We insist on Environment Friendly Operations by all our EPZ enterprises. Toxic effluent is not permitted in Sameer Industrial Park. Providing investment facilities of unparalleled standards, offering the ultimate in investor support services and managing a world-class industrial park.

Investing in Kenya Made easy
Established in 1991, Sameer Industrial Park (SIP) is Kenya’s premier Export Processing Zone (EPZ). The preferential environment in the zones offers companies a remarkably conducive environment to operate in and EPZs have become important foreign exchange earners for many countries. Kenya is no exception.

Why Set Up In Sameer Industrial Park?
Investors in the EPZ are offered complete exemption from the payment of:

Income Tax for the first ten (10) years. After that, tax will be charged at a flat rate of 25% for the subsequent 10 years.
Import Duties and Value Added Tax (VAT) on machinery, equipment, spare parts, tools, raw materials and intermediate goods.
Local Taxes (i.e. VAT) on goods and services purchased from the domestic territory.
Withholding Tax on dividends.

Other Incentives

Automatic access to foreign currencies.
Exemption from Exchange Control for repatriation of capital, profits and dividends.
Investors are able to hold foreign currency accounts through local banks.
100% Foreign Ownership permitted. Participation by Kenyan shareholders encouraged on a partnership/ joint venture basis.
There are no restrictions on Management and Technical Agreements.

Other Major Advantages
Market Access
Kenya’s central geographical location and membership in a number of preferential trade agreements makes it an ideal site from which to access both regional and world markets.

Kenya is a signatory to the African Caribbean European Union Partnership Agreement. The EU preferences available under this arrangement include:

Duty and Quota Free entry for all industrial products of Kenyan origin.
Highly favourable treatment for a wide range of agricultural produce. Kenya also enjoys preferential market access under the Generalised System of Preferences. Under this scheme, products are entitled to preferential treatment in the USA, Japan, Canada and several European countries.
No Quota: Kenya has no quota on the amount of apparel that can be exported to Europe, and the USA (under the African Growth and Opportunities Act - AGOA).
Investors in Kenyan EPZs have access to a wider market in countries of the Common Market for Eastern Southern African States (COMESA), which have a combined population of 385 million.

Investments in Kenya are guaranteed under Section 75 of Kenya’s constitution, and the country is a member of the Multilateral Investment Guarantee Agency (MIGA) and the International Centre for the Settlement of Investment Disputes.

Leading the Pack
Being the first EPZ in Kenya, we have the experience necessary to operate a world class zone. We played a key role in policy formulation and implementation for the Kenyan EPZ program and, subsequently, provided a valuable reference site out of which other EPZs have emerged. Investors in the zone benefit from the Resident Customs Service and enjoy the comfort of operating in the nation’s capital – Nairobi.

The zone is 10-minutes drive from the Jomo Kenyatta International Airport and the Inland Cargo and Container Terminal. All essentials of production : water, electricity, manpower, transport facilities etc. are readily available. It is also situated on the main Nairobi-Mombasa highway.

A Look at Our Clients
Currently, a wide range of businesses operate in the zone:garment manufacturing, horticultural processing,cut flower preservation, assembly of computers, call centres etc. representing investors from Kenya, USA, the Netherlands and Belgium.

Expanding To Meet Rising Demands
Through the provision of superior investor support services, we have maintained 100% occupancy in Phase 1 of the park.

Phase II - comprising eight new factory buildings (125,000sq ft of built up space)- has just been completed, and plans for the development of Phase III and IV are underway, including the development of the Sameer Business Park and Sameer Media City.

Sameer Industrial Park has the skill and resources to assist new ventures set up businesses in Kenya - the preferential conditions of operation, the tax holidays, easy access to facilities and minimal requirements for starting up a business all combine to create a sure-fire formula for success.