Reducing profits tax

From 20% to 15% if the project capital is $3 million and employs 100 workers

40% discount

Accelerated depreciation of the value of fixed assets in addition to annual depreciation and added to the project expenses in the first year 

Exemptions from fees

100% customs duty on machinery, equipment and equipment in accordance with the customs law and the investment law 

Customs exemptions

And the tax contained in the Mines and Quarries Law No. (82) of 2010 AD  

The licensee enjoys

With the incentives and benefits stipulated in the Investment Law 

Investment incentives, benefits and facilities