{"id":633,"date":"2023-11-28T12:02:41","date_gmt":"2023-11-28T12:02:41","guid":{"rendered":"https:\/\/tsez.ly\/?page_id=633"},"modified":"2023-11-28T12:28:45","modified_gmt":"2023-11-28T12:28:45","slug":"incentives","status":"publish","type":"page","link":"https:\/\/tsez.ly\/en\/incentives\/","title":{"rendered":"Incentives"},"content":{"rendered":"<div>\n<h1>Incentives<\/h1>\n<div>\n<p>Benefits and exemptions for investors:<\/p>\n<\/div>\n<\/div>\n<ul>\n<li>\n<h3>Capital and Currency Flow Commitment<\/h3>\n<div>\n<p>The zone is committed to protecting the free flow of capital and foreign currencies in and out of the zone.<\/p>\n<\/div>\n<\/li>\n<li>\n<h3>Free Trade Policy and Unrestricted Access<\/h3>\n<div>\n<p>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.<\/p>\n<\/div>\n<\/li>\n<li>\n<h3>Tax and Fee Exemptions for Developers and Investors<\/h3>\n<div>\n<p>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&#8217;s rights or service entity fees.<\/p>\n<\/div>\n<\/li>\n<li>\n<h3>Exemptions During Project Implementation<\/h3>\n<div>\n<p>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.<\/p>\n<\/div>\n<\/li>\n<li>\n<h3>Land Usage Rights for Foreign Investors and Residents<\/h3>\n<div>\n<p>Foreign investors and residents may use land within the region&#8217;s borders and erect and own structures for the agreed-upon term without implying land ownership, subject to regional consent and conditions.<\/p>\n<\/div>\n<\/li>\n<li>\n<h3>Land Redistribution and Utilisation Agreements<\/h3>\n<div>\n<p>Beneficiaries may subdivide land, assigning usage rights for development and investment after regional consent, aligning with original utilization agreement terms.<\/p>\n<\/div>\n<\/li>\n<\/ul>\n<p><!--more--><br \/>\n<!-- {\"type\":\"layout\",\"children\":[{\"type\":\"section\",\"props\":{\"animation\":\"fade\",\"animation_delay\":\"200\",\"id\":\"deployment\",\"image_position\":\"center-center\",\"padding\":\"large\",\"padding_remove_bottom\":false,\"style\":\"secondary\",\"title_breakpoint\":\"xl\",\"title_position\":\"top-left\",\"title_rotation\":\"left\",\"vertical_align\":\"middle\",\"width\":\"large\"},\"children\":[{\"type\":\"row\",\"children\":[{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"position_sticky_breakpoint\":\"m\",\"vertical_align\":\"middle\",\"width_medium\":\"1-3\"},\"children\":[{\"type\":\"panel\",\"props\":{\"content\":\"\n\n<p>Benefits and exemptions for investors:<\\\/p>\",\"content_column_breakpoint\":\"m\",\"icon_width\":80,\"image_align\":\"top\",\"image_grid_breakpoint\":\"m\",\"image_grid_width\":\"1-2\",\"image_svg_color\":\"emphasis\",\"link_style\":\"default\",\"link_text\":\"Read more\",\"margin\":\"default\",\"meta_align\":\"below-title\",\"meta_element\":\"div\",\"meta_style\":\"text-meta\",\"title\":\"Incentives\",\"title_align\":\"top\",\"title_element\":\"h1\",\"title_grid_breakpoint\":\"m\",\"title_grid_width\":\"1-2\",\"title_hover_style\":\"reset\",\"title_style\":\"heading-small\"}}]},{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"position_sticky_breakpoint\":\"m\",\"vertical_align\":\"middle\",\"width_medium\":\"2-3\"}}],\"props\":{\"column_gap\":\"collapse\",\"layout\":\"1-2,1-2\"}},{\"type\":\"row\",\"props\":{\"margin\":\"large\"},\"children\":[{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"position_sticky_breakpoint\":\"m\"},\"children\":[{\"type\":\"grid\",\"props\":{\"animation\":\"none\",\"content_column_breakpoint\":\"m\",\"filter_align\":\"left\",\"filter_all\":true,\"filter_grid_breakpoint\":\"m\",\"filter_grid_width\":\"auto\",\"filter_position\":\"top\",\"filter_style\":\"tab\",\"grid_column_gap\":\"small\",\"grid_default\":\"1\",\"grid_medium\":\"3\",\"grid_row_gap\":\"small\",\"grid_small\":\"2\",\"icon_width\":80,\"image_align\":\"top\",\"image_grid_breakpoint\":\"m\",\"image_grid_width\":\"1-2\",\"image_svg_color\":\"emphasis\",\"item_animation\":true,\"link_style\":\"default\",\"link_text\":\"Read more\",\"margin\":\"default\",\"meta_align\":\"below-title\",\"meta_element\":\"div\",\"meta_style\":\"text-meta\",\"panel_link\":true,\"panel_padding\":\"default\",\"panel_style\":\"card-primary\",\"parallax_easing\":\"1\",\"show_content\":true,\"show_image\":true,\"show_link\":true,\"show_meta\":true,\"show_title\":true,\"title_align\":\"top\",\"title_element\":\"h3\",\"title_grid_breakpoint\":\"m\",\"title_grid_width\":\"1-2\",\"title_hover_style\":\"reset\",\"title_style\":\"h4\"},\"children\":[{\"type\":\"grid_item\",\"props\":{\"content\":\"\n\n<p>The zone is committed to protecting the free flow of capital and foreign currencies in and out of the zone.<\\\/p>\",\"title\":\"Capital and Currency Flow Commitment\"}},{\"type\":\"grid_item\",\"props\":{\"content\":\"\n\n<p>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.<\\\/p>\",\"title\":\"Free Trade Policy and Unrestricted Access\"}},{\"type\":\"grid_item\",\"props\":{\"content\":\"\n\n<p>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.<\\\/p>\",\"title\":\"Tax and Fee Exemptions for Developers and Investors\"}},{\"type\":\"grid_item\",\"props\":{\"content\":\"\n\n<p>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.<\\\/p>\",\"title\":\"Exemptions During Project Implementation\"}},{\"type\":\"grid_item\",\"props\":{\"content\":\"\n\n<p>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.<\\\/p>\",\"title\":\"Land Usage Rights for Foreign Investors and Residents\"}},{\"type\":\"grid_item\",\"props\":{\"content\":\"\n\n<p>Beneficiaries may subdivide land, assigning usage rights for development and investment after regional consent, aligning with original utilization agreement terms.<\\\/p>\",\"title\":\"Land Redistribution and Utilisation Agreements\"}}]}]}]}],\"modified\":\"2021-01-06T11:39:49.333Z\",\"name\":\"Feature Deployment\"}],\"version\":\"4.2.6\"} --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Incentives Benefits and exemptions for investors: Capital and Currency Flow Commitment The zone is committed to protecting the free flow of capital and foreign currencies in and out of the zone. Free Trade Policy and Unrestricted Access The zone is dedicated to adhering to a free trade policy, ensuring unhindered access for goods, capital, and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-633","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/tsez.ly\/en\/wp-json\/wp\/v2\/pages\/633","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tsez.ly\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/tsez.ly\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/tsez.ly\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tsez.ly\/en\/wp-json\/wp\/v2\/comments?post=633"}],"version-history":[{"count":3,"href":"https:\/\/tsez.ly\/en\/wp-json\/wp\/v2\/pages\/633\/revisions"}],"predecessor-version":[{"id":642,"href":"https:\/\/tsez.ly\/en\/wp-json\/wp\/v2\/pages\/633\/revisions\/642"}],"wp:attachment":[{"href":"https:\/\/tsez.ly\/en\/wp-json\/wp\/v2\/media?parent=633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}