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Qeshm Island
Qeshm Free Area
Qeshm Business Guide

    
 
   MAJOR INCENTIVES FOR INVESTMENT

The fiscal and non-fiscal incentive package which has been put together for Free Areas 
are as follows:
- 15 years tax-free holidays
- Possibility of 100% foreign ownership
- No restriction on repatriation of capital and profit
- Freedom of foreign exchange movement
- Settlement of legal disputes in mutually agreed upon courts
- Easy issuance of work permits for foreigners
- Off-shore banking
- Protection of registered trade marks and intellectual property rights
- No entry visa required
- Exemption from customs & duties
- Relaxed labor relation
- Active management support
- Availability of quality manpower
 

 

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