Incentives

The zone is committed to protecting the free flow of capital and foreign currencies in and out of the zone.

The zone is dedicated to adhering to a free trade policy, ensuring unhindered access for goods, capital, and foreign currencies, except for zone-imposed, judicial, or moral requirements.

Libyan state laws exempt Developers and investors from all taxes and fees. They are subject to zone decisions, applicable to all transactions, assets, exchanges, and transfers, without prejudice to the zone’s rights or service entity fees.

During project implementation, investors enjoy exemptions from customs duties and taxes for necessary needs, starting from obtaining the implementation license. Additional incentives apply to export and high-investment projects.

Foreign investors and residents may use land within the region’s borders and erect and own structures for the agreed-upon term without implying land ownership, subject to regional consent and conditions.

Beneficiaries may subdivide land, assigning usage rights for development and investment after regional consent, aligning with original utilization agreement terms.