Financial Incentives
Financial Incentives
Under current uncertain economic conditions, Saudi Arabia's new special economic zones offer many advantages such as stability, security, ease of doing business, and provide a promising future for the companies in which they operate.
Corporate Income Tax of 5% for a period of 20 years with the possibility of extension.
Free transfer without fees of money and profits.
Import and Export Tax Exemptions.
VAT at 0%.
Capital and profits transfer without tax deduction.
Long-term contractual land lease for up to 50 years.
Exemptions of labour levy for workers and their direct family.
Land Lease starting from 4.5 SAR per square meter per year.