Government offers uniform green hydrogen incentives
The government has decided to unify the incentives and tax advantages for green hydrogen projects both within the Aqaba Special Economic Zone and outside of it, in order to support clean energy production. The incentives include reducing the income tax to 5%, and exempting equipment and materials from customs duties and sales tax. Additionally, there is a grace period of up to five years before rental payments for the land need to be made. The policy aims to encourage investment in green hydrogen projects through broad financial and tax incentives.
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