- country
- Saudi Arabia
- incentives
- Industrial SEZ on the Red Sea (anchored by King Abdullah Port). Focus: advanced manufacturing, logistics, automotive supply chains, consumer goods, ICT, medical technology. Incentives: 5% corporate income tax for up to 20 years (subject to renewal); full exemption from withholding tax on payments related to licensed activities; VAT and customs duties suspended on goods; 100% foreign ownership; duty-free imports of machinery and raw materials.
- zone type
- sez