The zone’s unique value proposition includes Value Added Tax advantages on servicing and on manufacturing and assembly, reducing the cost for multinationals and their third-party suppliers, who reassemble products in the zone for onward sale in Saudi Arabia and the wider MENA region. Ease of doing business has been enhanced by 100% foreign ownership, streamlined incorporation processes, expedited certification and permit procedures and allowable company structures – helping facilitate businesses seamlessly.
Source: zawya.com
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