Pioneer industries may be entitled to complete freedom from income tax on the basis of the product investment levels, skills, and advanced technology, and dividends paid out of the exempt income may also be free of tax.

Pioneer status may be extended to companies providing engineering, technical, and computer-based industrial design services.

Post-pioneer companies may also be taxed at a concessionary rate.
Investment allowances may be granted as an alternative to the pioneer and export incentive holidays.