Incentives

Incentives& Beneficiaries

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Refs.

Exemption of  VAT in the  production level of Goods for the Investors

(Company)

The government has exempted VAT to the Investor Companies in the production level of Goods at Hi-Tech Parks as per the following rates: -

1.    100% VAT exemption for Procurement Provider/ Supplier’s service (except Petroleum products);

2.    100% VAT exemption for Distributor of Electricity.

S.R.O. No. 191-Law/2019/48-VAT, Date: 13 June 2019

Exemption of  VAT in the  production level of Goods for the Investors

(Company)

The government has exempted VAT to the Investor Companies in the production level of Goods at Hi-Tech Parks as per the following rates: -

3.    100% VAT exemption for Procurement Provider/ Supplier’s service (except Petroleum products);

4.    80% VAT exemption for Distributor of Electricity.

S.R.O. No. 303-Law/2015/774-VAT, Date: 08 October 2015

[The rates are modified by the S.R.O. No. 191-Law/2019/48-VAT, Date: 13 June 2019]