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Free Zone |
A private free zone
city managed by Beitna is currently prepared to
be executed on the new Iraqi borders. The area
is about Five Million square meter. This area
will be allocated for investmentin various
economic activities in response to the wish of
Jordanian, Arab and foreign investors aiming at
serving transit trade and commercial
international exchange, exporting industries and
services.
This area is connected to the Jordan's cities as
well as the capital Amman, in addition to the
nearest countries through High ways transit
roads. An airport will be implemented to
facilitate the importing and exporting of
customs, the arrival and departure of welcomed
investors from all over the nearest countries.
This Free zone area consisting of the following
economics activities:
1.Industrial
2.Ware house grounds
3.Stores buildings
4.Commercial
5.Offices
6.High buildings for different uses
7.Green areas
8.Information city
9.University city
10.Accommodations' areas
11.Petrol stations and car maintenance
12.Public and specialised Hospitals
Services:
Al Karama Free zone area will provide the
following services:
- Availability of Electricity for different
industrial and technical uses.
- Availability of Water.
- Major and minor modern developed roads.
- Telecommunications, Networking and Internet.
- Trees will be planted for the best
environmental conditions and views.
Their will be also:
- Hotels
- Conferences Halls
- Central Markets
- Exhibitions Halls
- Exchanges shops
- Petrol station
- Private airport for internal and external
voyage
Exemptions:
• Exemption of Project’s profits from income
taxes for goods exported out side the Kingdom as
well as transit trade, in addition to profits
accruing from selling or transferring of goods
inside the borders of the free zones (2).
Profits accruing from goods when placed for
domestic market shall be excluded from such
exemption
• Exempting salaries and allowances of
non-Jordanian employees in projects established
in the free zone from income and social service
taxes.
• Exempting imported goods or exported therefore
to parties other than domestic market from
import fees, custom duties and all taxes and
fees accrued there on except services and rent
charges.
• Exempting buildings and real estate
constructions built in the free zones from the
licensing fees as well as from buildings and
land taxes.
• Permitting the transfer of the capital
invested in the free zone and the profits
generated therefore outside the Kingdom in
accordance with the regulations in force there
in.
• Exempting the products of the industrial
projects established in market from expenditures
included in their manufacturing provided that
the value is estimated by a committee chaired by
the Director General or his Deputy, an a
representative of each of the Ministry of
Industry & Trade and the Ministry of
Finance/Customs , appointed by the competent
Minister. |
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