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Because it's an exporting area, in addition to it's nearness of the port which facilities
the importing and exporting operations.
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All benefits of free zone projects are free of all tax laws in Egypt.
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Free zone projects can not nationalized or confiscated. Also, can not be put under custody
and can not place the assets under guardianship.
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No authority can define the benefits of the prices of the products.
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Ampleness of trained and ordinary labor with law salaries than other free zones.
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The rent of the meter for industrial projects is $3.5 yearly for land with complete public
utilities for warehousing projects the rent is $7 yearly.
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All assets and production requirement for the free zone are free of taxes.
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Free zone projects pays only 1% from the value of the commodities, which enter the free zone
(Transit trade is exempted).
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For assembling projects, the government called 1% about just the value of assembling or producing
operations.
