The Free Zone jurisdiction allows 100% foreign ownership in companies, and it is suitable for wholesale distributors, re-exporters, warehousing activities, service providers and manufacturers targeting markets outside the MENA region.
- 100% foreign ownership in companies
- 0% customs duty
- 0% corporate, personal and sales tax
- No restrictions on capital and profit repatriation
- Designated zone for VAT exemption
- No minimum capital requirements