Investor Benefits & Guarantees
Benefits to the Investor
The free zone offers the investor numerous incentives:
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Tax exemptions for industrial and commercial projects on profit and income tax for a 15 year period, with extensions of up to 10 years for projects that:
- Export 75% or more of their products over a 15 year period.
- Employ more than 100 workers.
- Use more than 75% of their production inputs from local raw materials.
- Exemption on import & export duties and fees for goods brought in designated for export.
- Exemption on import & export duties, fees and production tax for goods manufactured in the free zone for export.
- Tax exemption on salaries, wages and bonuses for non-Yemeni employees and workers.
- Freedom of transfer of capital and profits outside the Free Zone.
- Freedom of transfer of salary, wages and bonuses for Non-Yemeni employees and workers.
Guarantees to the Investor
Projects are protected by legal guarantees against:
Open System for Settlements
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Disputes concerning investment activity in the Free Zone between different project owners or between projects and the Authority can be submitted to arbitration tribunal or to the relevant Court.