Competitive Benefits & Incentives
Special Economic Zones Incentives
Special Economic Zones extend specific incentives designed to support activities that necessitate particular operational or environmental conditions. These incentives include the provision of infrastructure tailored to the requirements of each activity, the allocation of appropriate business spaces meeting high operational standards, and the facilitation of licensing and regulatory procedures consistent with the specialized nature of these zones.
Special Economic Zones Incentives
Special Economic Zones are granted a variety of incentives under Investment Law No. 72 of 2017, in addition to tax and non- tax incentives, as outlined below:
Special Incentives
The project shall be granted a 50% deduction of the investment costs incurred for 7 years, starting from the date on which the activity has actually commenced.
One-Stop Shop
SCZone provides a one-stop shop for companies’ incorporation and post incorporation services, to save time and effort and expedites administrative procedures.
0% VAT
Exemption from Value Added Tax over goods or services exported by the Zone’s projects, and on goods or services provided by the local market to the Zone.
Export/Import Restrictions
The Economic Zone projects are not subject to the laws regulating import and export, nor are they subject to registration in the Registers of importers or exporters.
Customs Duty Exemption
Exemption from customs duty on equipment, machinery, raw materials, and spare parts imports, needed to manufacture products intended for export.
Participation in Training
The Economic Zone shall pay a portion of the technical training costs for Egyptian workers, as per the regulations and under general and fair conditions.