No corporate or income tax | Allowing 100% foreign investment ownership |
Competitive rental rates for Industrial plots managed by the Ministry of Industry & Commerce | Competitive cost of setting up and operating a company in comparison with other GCC countries |
Comprehensive onboarding and aftercare services | Availability of government support programs for individuals and establishments through the Labor Fund (Tamkeen) |
Exemptions of customs duty for industrial manufacturing, including raw materials imports, plant machinery, equipment and spare parts | Extensive duty-free access for products from several countries such as; GCC, USA, Singapore, 14 Arab countries, Norway, Switzerland, Iceland, and Liechtenstein |