Innovation Network
Innovation Network
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Segal Special Facilities

Due to the establishment of Segal Innovation Complex branches in free commercial and special economic zones, it has provided a set of special and unique facilities for all its members compared to other industrial locations in the country.

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Investment facilities

 

  • Focus on issuing all related licenses in the special zone for economic operators (including establishment license, operating license, activity license, production certificate, export license, etc.)
  • Allocating and assigning land to investment plans and projects
  • Issuing visas and work permits for investors, managers, foreign experts and their first-degree relatives based on the executive instructions on the residence and employment of foreign nationals in the special zone.
  • Short and fast process of accepting and approving the application of foreign funds
  • Foreign investors have the same facilities as domestic investors
  • The possibility of transferring capital, profits and benefits from the use of foreign capital in the form of currency or goods
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Business facilities

  • Not imposing any restrictions on the transit of goods from the region to other free and special economic zones of the country
  • The possibility of placing an order for goods in foreign currency to a special region, without the need for a business card and only with an activity permit
  • The possibility of statistical registration of goods to a special area without currency transfer and without the need for a commercial card and only with an activity license.
  • Existence of minimum customs formalities regarding returned goods resulting from the temporary entry of goods, equipment and raw materials.
  • Economic operators have the possibility of keeping equipment and machinery in the region without the obligation to comply with the rules of abandoning goods
  • Creating the necessary facilities regarding the transfer of ownership of goods in transit to the region and export products
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Tax facilities

  • 7 and 20 year exemption of production units in the region from direct taxes from the date of issuance of operating license.
  • Exemption from customs duties, commercial interest and all transit entry charges for machinery, equipment and goods in the region.
  • Exemption from customs duties for the export of manufactured products that originate from domestic raw materials based on the calculation of added value
  • Exemption from customs duties and commercial profit for the re-export of goods and equipment after applying changes in the region
  • Exemption from the entry of manufactured goods with the origin of foreign raw materials into the country based on the percentage of the allowed share and the percentage of the added value in accordance with the approvals for determining the added value.
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Public facilities

  • Access to infrastructure facilities in the region, including water, electricity and gas, wharf, railway and access to the airport.
  • Access to feed for upstream and intermediate petrochemical industries
  • Access to welfare and treatment facilities in the special area
  • Having special employment and social security regulations in the special region
  • Providing protection and security and providing health, safety, environment, and defense services in the petrochemical special economic zone with international quality

Investment facilities

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  • Focus on issuing all related licenses in the special zone for economic operators (including establishment license, operating license, activity license, production certificate, export license, etc.)
  • Allocating and assigning land to investment plans and projects
  • Issuing visas and work permits for investors, managers, foreign experts and their first-degree relatives based on the executive instructions on the residence and employment of foreign nationals in the special zone.
  • Short and fast process of accepting and approving the application of foreign funds
  • Foreign investors have the same facilities as domestic investors
  • The possibility of transferring capital, profits and benefits from the use of foreign capital in the form of currency or goods

Business facilities

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  • Not imposing any restrictions on the transit of goods from the region to other free and special economic zones of the country
  • The possibility of placing an order for goods in foreign currency to a special region, without the need for a business card and only with an activity permit
  • The possibility of statistical registration of goods to a special area without currency transfer and without the need for a commercial card and only with an activity license.
  • Existence of minimum customs formalities regarding returned goods resulting from the temporary entry of goods, equipment and raw materials.
  • Economic operators have the possibility of keeping equipment and machinery in the region without the obligation to comply with the rules of abandoning goods
  • Creating the necessary facilities regarding the transfer of ownership of goods in transit to the region and export products

Tax facilities

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  • 7 and 20 year exemption of production units in the region from direct taxes from the date of issuance of operating license.
  • Exemption from customs duties, commercial interest and all transit entry charges for machinery, equipment and goods in the region.
  • Exemption from customs duties for the export of manufactured products that originate from domestic raw materials based on the calculation of added value
  • Exemption from customs duties and commercial profit for the re-export of goods and equipment after applying changes in the region
  • Exemption from the entry of manufactured goods with the origin of foreign raw materials into the country based on the percentage of the allowed share and the percentage of the added value in accordance with the approvals for determining the added value.

Public facilities

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  • Access to infrastructure facilities in the region, including water, electricity and gas, wharf, railway and access to the airport.
  • Access to feed for upstream and intermediate petrochemical industries
  • Access to welfare and treatment facilities in the special area
  • Having special employment and social security regulations in the special region
  • Providing protection and security and providing health, safety, environment, and defense services in the petrochemical special economic zone with international quality

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