Time In Palestine
Home » News & Events » News » Events »  

Industrial and free zone incentives package promotion campaign

Jericho 30 October 2017, in cooperation with PIEFZA Palestinian Investment Promotion Agency “PIPA” targeting the investors in Jericho Agro Industrial Park “JAIP” and potential investors presents the recent Incentive package contract approved by the government in the cabinet meeting no. 163 which includes extended incentives for extra three years, that makes income tax reduction by 66% for 8 years followed by 33% reduction for 3 years, in other hand the contract includes tax incentives for the financial institutions that provide financing for the enterprises within the industrial zones in addition to value added tax incentives especially for export activities, giving that the contract is a response from PIPA to the needs for projects growth and in line with the national policy agenda 17-22.