The Twins Freezone is the 4th and 5th phase of the Gemopol is Freezone comprising of 5-storey twin buildings with a net internal area of 15,000 sqm. The mixed-use project is designed under a vertical factory concept, fitting for the needs of small and medium businesses and industry. At Freezone, you could own a factory by occupying as little as 100 sqm.The smart unit concept enables flexibility in structural design leading to optimal utilisation for your business.
The Twins’ construction will commence in August 2022 and due for completion in August 2023. Factory owners could utilise many functions of the Gemopolis Freezone, whether as an office, showroom, maintenance service, manufacturing base, as well as warehouse for storage, processing, packing and distribution both for domestic and international.
1. Corporate income tax exemption for 4 years for manufacturing factory 
2. Dividend tax exemption for 4 years 
3. Tax exemption for 5 years for international distribution centres 
4. Import tax and value added tax exemption for: 
5. For goods purchased domestically; value added tax (VAT) at a rate of zero 
6. Rights to extend the period of storage of imported materials and essential materials from 1 year to 2 years 
7. No requirement to reference master formula for goods manufactured for exports 
8. Foreign Investors could have 100% share ownership 
9. Foreign Investors could have ownership of land and real estate in the project 
10. Enable permission to bring experts and families from overseas to work and reside in the country with more convenient conditions 
11. Permission to transfer of foreign currency to overseas 
