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Incentives for Green Hydrogen Projects: Egypt’s New Law Boosts Sustainable Energy Production

  • Law No. 2 of 2024 in Egypt introduces incentives for green hydrogen production projects
  • Primary incentives include a green hydrogen cash incentive and VAT exemption
  • Other tax exemptions are also provided for these projects
  • Additional incentives include regulatory approval, import/export rights, employment of foreign workers, special customs zones, and fee reductions for port and land use.

Source: taxathand.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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