Finance Law 2017 makes income tax exemption for new industrial companies
12 Jun 2017
The newly enacted Finance Law provides, inter alia, for corporate income tax exemptions for newly established industrial companies for a period of five consecutive years as from the starting date of business operations. Also, it provides for an extension of the reduced corporate income taxation rates for sales made to companies located in Free Zones. The law was enacted and published in the Official Bulletin dated 12 June 2017.
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Promotion and facilitation (Investment incentives)
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