Development “Zone A” Incentives for Technology-based Companies
• Government grant of up to 24% of tangible
fixed assets (i.e., the original cost of and
development and investment in buildings,
machinery and equipment).
• 10-year complete tax exemption from all
corporate tax on undistributed income.
• For “strategic investments” by large multi-
national companies, complete corporate and
divi dend tax exemption, even if income is
• Employment grant offering maximum
support per employee.
• R&D assistance grants of approved R&D
programs offered by the office of the Chief
Scientist (oCS), Ministry of industry, Trade