Activity Group A4
Basic Incentives
- Exemption of corporate income tax for 3 years. (Corporate income tax exemption without a cap: This offers corporate income tax exemption on profits from the promoted project, limited to 100% of the project’s investment, as determined by the Board.)
- Exemption of import duties on machinery.
- Exemption of import duties on raw materials used in Research and Development (R&D).
- Exemption of import duties on raw materials used in production for export.
- Non-tax incentives : Permit to own land, Permit to bring into the Kingdom skilled workers and experts to work in investment promoted activities, Permit for foreign nationals to enter the Kingdom for the purpose of studying investment opportunities, Permit to take out or remit money abroad in foreign currency. Additional rights and benefits:
Additional Incentives
- Additional Incentives for the Merit of Competitiveness Enhancement
Previously : Exemption of corporate income tax for 3 years. (from Basic Incentives)
Additional : Exemption of corporate income tax for 1-5 years.
Total : Exemption of corporate income tax for 4-8 years.
- Additional Incentives for Area-based Promotion
Previously : Exemption of corporate income tax for 3 years. (from Basic Incentives)
Additional : Exemption of corporate income tax for 1 year.
Total : Exemption of corporate income tax for 4 years.
- Additional Incentives for Decentralization
Previously : Exemption of corporate income tax for 3 years. (from Basic Incentives)
Additional : 50% Corporate income tax reduction for 3 years.
Total : Exemption of corporate income tax for 6 years.
Double deductions from the costs of transportation, electricity and water supply for 10 years.
Additional 25% deduction of the cost of installation or construction of facilities.