Aqaba Special Economic Zone Authority

Aqaba Special Economic Zone Authority

ASEZA, the statutory institution empowered with regulatory, administrative, fiscal and economic responsibilities within The Aqaba Special Economic Zone ( ASEZ) .

In August 2000, the Aqaba Special Economic Zone Authority Law was passed by the Jordanian Parliament. The law established the Aqaba Special Economic Zone Authority ( ASEZA ) as the statutory institution empowered with regulatory, administrative, fiscal and economic responsibilities within The Aqaba Special Economic Zone ( ASEZ) .

The Aqaba Special Economic Zone (ASEZ) is a private sector-driven development initiative that maximizes private sector participation in a duty free, tax-advantaged and flexible regulatory operations environment providing a model approach to environmentally sustainable development and governance, a unique tourist destination on the Red Sea with a duty free shopping oasis accompanied with a high quality of life.

ASEZA is the financially and administratively autonomous institution responsible for the management, and regulation of the ASEZ. Six ministerial – level commissioners, each responsible for a major area of regulatory or operational activity, govern the ASEZ. ASEZA is a service – oriented organization offering one – stop assistance covering all investment needs.

Vision Statement of the ASEZ“The Aqaba Special Economic Zone is a world class Red Sea business hub and leisure destination enhancing the quality of life and prosperity of the community through sustainable development and a driving force for the economic growth of Jordan”

Mission

To improve the quality of life for all community membersTo create, regulate and sustain a globally competitive investor friendly environmentTo optimize the efficient utilization of entrusted resources in harmony with the Master Plan to internationally recognized practicesTo effect a transparent and accountable corporate structure, governance and culture that synergizes the activities of the ASEZA team.

ValuesASEZA values its staff, citizens, investors and environment.

Policy StatementASEZA is fully committed to enhancing our international reputation for professionalism, achievement and quality in the performance of our work through the continuous improvement of existing processes and procedures.

It is ASESA’s policy that all services provided by the “Authority”(ASEZA) and it’s subsidiary companies are of the standards and specifications applicable within each jurisdiction where the work is carried out, as well as the laws, rules and regulations, standards and codes that control the “Service Delivery” process.

Our main quality objective is to consistently satisfy the specified needs and expectations of our customers in all our activities.

As an integral part of meeting this commitment, ASEZA has established and implemented a “Quality Management System” to the requirements of ISO 9004-2 : 1991(E), “Quality Management and Quality System Elements”- Part 2 : “Guidelines for Services”.

This “Quality Management System” provides the necessary foundation upon which ASEZA will build and improve all our internal systems and capabilities to ensure that we are able to meet our current and future challenges, realize our opportunities and manage changes in a controlled and systematic manner.

The “Quality Management System”, that is the basis of ASEZA’s current and future development, shall be understood, implemented and maintained at all levels within the “Aqaba Special Economic Zone Authority”(ASEZA) The ASEZ is strategically located at the crossroads of four countries and three continents. Situated at the Gulf of Aqaba leading to the Red Sea, the ASEZ extends to the land borders of Israel and Saudi Arabia and the territorial waters of Egypt. The ASEZ strategic location, infrastructure, unique natural and human assets, broad market access, and business-friendly environment offers investors a springboard to a variety of regional markets and the global economy. In its continuous efforts to create the most suitable and attractive environment to businesses wishing to locate in ASEZ, The Aqaba Special Economic Zone Authority (ASEZA) has put forward a competitive set of incentives that include :

* A flat 5% income tax on the net profit.
* Exemption from social services tax.
* Exemption from annual land and building taxes on utilized property.
* Exemption from taxes on distributed dividends and profits.
* Duty-free import of goods in commercial quantities from the National Customs Territory and overseas.
* No foreign equity restrictions on investments.
* No foreign currency restrictions.
* Full repatriation of profits and capital.
* Streamlined labor and immigration procedures through the one-stop-shop.
* 100% foreign ownership.
* Up to 70% foreign labor.
* Availability of land for lease or sale.
* Full guarantees on rights and ownership.

See also

* Aqaba

External links

* [http://www.aqabazone.com ASEZA]
* [http://www.aqaba.jo Aqaba]


Wikimedia Foundation. 2010.

Игры ⚽ Нужен реферат?

Look at other dictionaries:

  • Special Economic Zone — A Special Economic Zone (SEZ) is a geographical region that has economic laws that are more liberal than a country s typical economic laws. The category SEZ covers a broad range of more specific zone types, including Free Trade Zones (FTZ),… …   Wikipedia

  • Aqaba — For the town in the West Bank, see Aqabah, West Bank. Infobox City official name = العقبة al Unicode|ʻAqabah nickname = motto = imagesize = 300px image caption = image mapsize = 300px map caption = Aqaba in Jordan, on the Gulf of Aqaba.… …   Wikipedia

  • Aqaba — ‏العقبة‎ Aqaba …   Deutsch Wikipedia

  • Wadi Araba Crossing — Infobox Bridge bridge name= Wadi Araba Border Crossing caption=The Yitzhak Rabin Border Terminal official name= Wadi Araba Border Crossing מסוף יצחק רבין; Until 2006: מעבר ערבה تقاطع وادي عرب carries=Pedestrians, Vehicles, Containers crosses=Wadi …   Wikipedia

  • Durra Border Crossing — مركز حدود الدرة Official name Durra Border Crossing Carries Pedestrians, Vehicles, Containers Locale …   Wikipedia

  • Nader al-Dahabi — Nader Dahabi نادر الذهبي Prime Minister of Jordan In office 25 November 2007 – 14 December 2009 Monarch Abdullah II …   Wikipedia

  • Arabian Oryx Reintroduction — Arabian Oryx at Chay Bar Yotvata, Israel The Arabian Oryx (Oryx leucoryx), also called the White Oryx, was extinct in the wild as of 1972,[1] but was reintroduced to the wild starting in 1982 …   Wikipedia

  • Jordan — Infobox Country native name = المملكة الأردنية الهاشميه Al Mamlakah al Urdunniyyah al Hāšimiyyah ar icon conventional long name = The Hashemite Kingdom of Jordan common name = Jordan national anthem = عاش الملك The Royal Anthem of Jordan… …   Wikipedia

  • Egypt — /ee jipt/, n. 1. Arab Republic of. a republic in NE Africa. 64,791,891; 386,198 sq. mi. (1,000,252 sq. km). Cap.: Cairo. Arabic, Misr. Formerly (1958 71), United Arab Republic. 2. an ancient kingdom in NE Africa: divided into the Nile Delta… …   Universalium

  • Africa — /af ri keuh/, n. 1. a continent S of Europe and between the Atlantic and Indian oceans. 551,000,000; ab. 11,700,000 sq. mi. (30,303,000 sq. km). adj. 2. African. * * * I Second largest continent on Earth. It is bounded by the Mediterranean Sea,… …   Universalium

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”