Incentives on Investments in Tourism

تم نشره في Thu 14 July / Jul 2016. 12:00 AM
  • A Resort in Aqaba - (Al Ghad)

AMMAN — In a press statement Thursday, the Ministry of Tourism and Antiquity announced having concluded joint works with the Investment Board to outline the basic regulations and articles for incentives and exemptions on investments in tourism and hospitality, conditioned that 40 per cent of employed labour be locally recruited, domestically, among other regulations to qualify for partial discounts and deductions on sales and income taxes for a maximum of 10 years, to 7 and 5 per cent, depending on operation and zone and other criteria.