- country
- Egypt
- incentives
- 0% customs tax on all project materials, tools, and re-exports (duties apply only to foreign components when exporting to the domestic Egyptian market); 0% VAT on imports into the zone from abroad or domestic sources (14% VAT only when exporting zone products to the local market); income tax incentive of a 50% deduction from net taxable profits based on total investment costs (capped at 80% of paid capital, maximum 7-year benefit). Indirect support includes reduced energy costs/payment facilitations, utility connection reimbursement, partial worker-training cost coverage, and symbolic usufruct land fees. Access to FTAs including GAFTA, COMESA, QIZ, EFTA, and AfCFTA ('rapid access to 2 billion consumers'). Established under Law 83/2002 and expanded under Law 27/2015 to 461 km2 across Sokhna, Ismailia, and Port Said plus six ports; full foreign ownership of companies permitted and 100% profit repatriation with no restrictions on financial transactions in any currency.
- zone type
- sez