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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
 per employee.
R&D assistance grants of approved R&D
  programs offered by the office of the Chief
  Scientist (oCS), Ministry of industry, Trade
  and labor.