Jordan Announces New Free Zone for Tax, Customs Benefits
Jordan recently opened a new free zone at the country’s Queen Alia International Airport, which will provide tax exemptions and reductions, and no customs duties for imported items used for operating a company in the zone, according to a Sept.…
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25 report from the Hong Kong Trade Development Council. The zone, which opened Sept. 2, expands the previous zone that was established at the airport in 1998 and will provide “strategic advantages,” the report said, such as “easy access to air cargo services, major road networks, the Hijaz railway, and the port of Aqaba.” Within the new zone are “an administrative building, two business parks for commercial offices, a logistical services building for customs clearance and insurance companies, as well as banks and restaurants.” Management of the zone falls under the Jordan Free and Development Zones Group, the government body that coordinates and manages the country’s five free zones and two development zones.