TSEZ is a method of stimulating economic activity, encouraging investment and attracting workers.
It is designed to provide local and international businesses with incentives to invest in development and infrastructure through reductions in taxes and regulation. TSEZ is planned to include a world-class infrastructure facility and is a true free Economic Zone in the region and the only such economic zone in Lebanon. Situated in Tripoli, the second largest city in Lebanon, and on the shortest path out to Syrian-Turkish trade routes, connecting east and west. It provides easy access to the growing economies of the Gulf, Levant and North Africa. Tax benefits are the most common form of incentive and can take the form of tax breaks or a tax holiday.
In addition to Tax benefits TSEZ offers a set of incentives for its designated users:
The TSEZ model encourages value-added and knowledge-intensive industries and considers them the key target of the IDR (Incentive Distribution Rights). Six service based sectors are targeted for exemptions:
Related activities Incentives provided:
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