Low Taxes & Lucrative Incentives

  • Corporate Income Tax reduced from 33 percent to 20 percent.
  • Tax benefits and incentives in Technology Development Zones, Industrial Zones and Free Zones, including total or partial exemption from Corporate Income Tax, a grant on employer’s social security share, as well as land allocation and R&D and Innovation Support Law.
  • Incentives for strategic investments, large-scale investments and regional investments.