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1. Investments and procedures in Aqaba Special Economic Zone
2. Investments and procedures in Free Zones
1. Investments and procedures in Aqaba Special Economic Zone
By law, only legal entities have the right of registration and licensing with ASEZA. Eligible legal entities are those already existing (registered under legislation in the Jordanian Customs Territory or in a foreign legal jurisdiction) or newly created to conduct an economic activity within the Zone or external markets.
The ASEZA Enterprise Registration and Licensing Process
| Phase 1- |
The Investment Services Officer determines the eligibility of the enterprises. |
| Phase 2- |
The Investor Services Officer evaluates the submitted application. |
| Phase 3- |
The ASEZA Board approves or denies the application. |
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Investments and procedures in Free Zones
They receive forwarding companies and industries turned to export. The main free zones have been located at Zarqa and Aqaba but the regulation allows to the non-setting companies in free zone to benefit from the same advantages. These are ‘the Free Zone Points’, real private free zones.
Taxation and welfare costs: the exemptions of corporate tax and welfare costs have been provided for a 12-month term.
Customs duties: imports in free zones are exempt from custom duties and taxes on sales. It is the same for exports except for those intended for the Jordan market.
Industrialization zones
Both zones in Sahab and Irbid are provided with infrastructures to facilitate setting up. The companies setting up in these zones could become free zone points if they fit the requirement of admittance in free zones.
For further information, please go to the section "Business practices", setting up a company
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