Why Aqaba

  1. Aqaba is the safest and most secure base of operations in the Middle East.
  1. Aqaba with its strategic geographic location, major seaport ,an international airport, and developed road network, in addition to being a special economic zone is playing major role in making AIIE an attractive location, these advantages include :  
  1. International Market Access Agreements
  1. Customs: There are no duties on raw materials and equipment. There are no bond or guaranty requirements.
  1. Foreign Currency : There are no restrictions on foreign currency transactions.
  1. Municipal Tax – Exempt.
  1. Foreign labor: 70% of employees may be foreign without need for special approval other than customary visa formalities. If no Jordanian employees are available for specific jobs, the 70% quota may be increased.
  1. Low taxation: According to the Law, ASEZ registered enterprises will be subject only to a flat 5% income tax on net profits.
  1. There are no requirements for eligibility.
  1. Investors located at AIIE benefit from a Special Legal Regime and Investment Incentives applicable under the Aqaba Special Economic Zone Law.
  1. Investors at AIIE are subject to only 5% tax + no tax on dividends.
  1. Foreigners may own a 100% interest in companies and in land at AIIE.
  1. PBI Aqaba provides support and assistance to investors with Government agencies and the local community before and after commencement of operations.
  1. Jordan is party to a broad range of market access agreements including WTO, US FTA, EU FTA, AFTA and QIZ.
  1. Training support.
  1. Globally recognized achievements and awards.