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Aqaba Special Economic zone

The Aqaba Special Economic Zone Authority (ASEZA) is the statutory institution empowered with regulatory, administrative, fiscal and economic responsibilities for the ASEZ.

The ASEZ is governed by six-ministerial-level Commissioners, each responsible for a major area of regulatory or operational activity. The Aqaba Special Economic Zone Law simplifies all procedures, licenses, and approvals enabling the Authority to provide a business-friendly environment from one single location in Aqaba.

ASEZA is deeply committed to maintaining Aqaba at the competitive forefront as an international investment hub. ASEZA offers investors a streamlined investment environment and encourages sector participation in all aspects of the Zone's development and operations. This ensures the provision of world-class infrastructure and services to Aqaba's investors, residents and visitors alike.

The Aqaba Special Economic Zone (ASEZ) enjoys special fiscal regulations, which include the following:

  • 5% flat tax on net business income (except banking, insurance, and land transport services)
  • No social services tax
  • No sales tax on the vast majority of goods and services
  • No annual property tax
  • No tax on distributed profits and dividends
  • No customs duties on imported goods (except motor vehicles)
  • No foreign equity restrictions on investment (100% foreign ownership)
  • No foreign currency restrictions
  • Full repatriation of capital and profits


ASEZA - Your Gateway to the Global Economy
Aqaba Development Corporation
Aqaba International Industrial Estate (AIIE)
Aqaba in 2010: The Renaissance of a Once Sleepy Seaside Town (Article)
Trade Gateway to Region


 

 

 
     
Copyright © 2005. Economic & Commerce Bureau - Embassy of Jordan, Washington D.C.
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