Distinctive Tax and Non-tax Incentives
Free Zones Incentives (Public and Private)
Public and Private Free Zones offer a range of distinctive incentives intended to attract investments and promote trade and industry. These incentives include permitting the admission of raw materials and equipment free of customs duties and facilitating import and export procedures. These Zones also offer an integrated business environment through the provision of infrastructure and logistical services, thereby enhancing projects capacity for production and export and strengthening their competitiveness in regional and international markets.
Free Zones Incentives
Pursuant to the Investment Law No. 72 of 2017 and its subsequent amendments, Free Zones represent one of the State’s main investment frameworks aimed at attracting investors, especially those involved in export-oriented activities. These zones provide a set of distinctive advantages, including exemptions and facilitations related to taxes, customs, and administrative procedures.
Tax Incentives
Projects located within free zones and their profits are exempt from applicable taxes and fees in Egypt.
Expanding Projects’ Scope
Petroleum, fertilizers and iron and steel manufacturing, natural gas projects, as well as energy-intensive industries can be established within the free zones.
Goods Tax Exemption
Exported or imported goods are exempt from customs duties and value-added taxes (VAT).
Import & Export Regulations
Exported or imported goods are exempt from import/export regulations and related customs procedures.
Machinery Exemptions
All tools, machinery, and necessary means of transport are exempt from customs duties and value-added tax (VAT).
Import Rules Exceptions
Imports shall follow general regulations, with the exception of waste resulting from these activities may be allowed to enter the country for safe disposal.