Total registered capital in free, development zones at JD1.4bln

Home Business Total registered capital in free, development zones at JD1.4bln 20-02-2022 04:12 PM Ammon News - The total registered capital in the Kingdom's free and development zones by the end of 2021 amounted to about JD1.4 billion, said Chairman of the Board of Directors at the Jordan Free and Development Zones Group (JFDZ) Khalaf Humeisat on Sunday. In a statement to Petra, Humeisat added that investment in the Kingdom's free and development zones has become well-established thanks to the incentives and facilities offered by the group, including public utilities and modern and comprehensive infrastructure. He pointed out that the group facilitated the opening of branches of a number of banks, insurance and clearance companies in free zones to ease business-doing. The JFDZ chairman indicated that the group also issues certificates of origin for industrial products produced in free zones, in which local inputs are not less than 40 percent, in addition to providing a one-stop-shop service to investors. Humeisat also highlighted other tax and fee facilities and exemptions available to investors in the Kingdom's free and development zones.

Home Business

Total registered capital in free, development zones at JD1.4bln

20-02-2022 04:12 PM

Ammon News - The total registered capital in the Kingdom's free and development zones by the end of 2021 amounted to about JD1.4 billion, said Chairman of the Board of Directors at the Jordan Free and Development Zones Group (JFDZ) Khalaf Humeisat on Sunday.

In a statement to Petra, Humeisat added that investment in the Kingdom's free and development zones has become well-established thanks to the incentives and facilities offered by the group, including public utilities and modern and comprehensive infrastructure.

He pointed out that the group facilitated the opening of branches of a number of banks, insurance and clearance companies in free zones to ease business-doing.

The JFDZ chairman indicated that the group also issues certificates of origin for industrial products produced in free zones, in which local inputs are not less than 40 percent, in addition to providing a one-stop-shop service to investors.

Humeisat also highlighted other tax and fee facilities and exemptions available to investors in the Kingdom's free and development zones.

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