- The Zakat, Tax and Customs Authority has published general guidelines applicable to the Special Integrated Logistics Zone.
- Businesses in the Special Integrated Logistics Zone may enjoy tax benefits such as a zero percent income tax rate for 50 years, and exemption from withholding tax, value added tax (VAT) and customs duties.
- The Special Integrated Logistics Zone caters to businesses that focus on logistics activities such as maintenance, storage, import/export, value-added services, and recycling.
- Businesses transacting with related parties must follow transfer pricing guidelines for fair pricing of transactions.
Source EY
