The privileges of the Investment Law are stated below:

(1) Awarding all privileges stated by the National Investment Promotion Law (2013) after getting the investment license and specification of the project location based on the final festivity study, followed by the recommendation of the project approval raised by the State Minister to the Federal Minister.

In addition, some privileges are also given regarding the taxes and custom duties.

Exemption from taxes:

(1) Without violating any of the privileges  given to the investment, the business profit tax on the investment projects  is categorized as follows:

• Agricultural sector (0%)
• Industrial sector- with exception of the tobacco industry- ( 10%)
• Service sector – with exception of the communications and oil industries (15%)

(2) Projects imports from capital equipments are exempted from value added tax according to the list approved by the Federal Ministry

(3) Depreciation is calculated based on the the operating cycle of the project lifespan.

(4) Any loss incurred during the first three years of operation of the Project is considered as if it occurs during the last year of that period.

Exemption from Custom Duties:

The Federal Minister may also grant the project exemption from:

(1) Customs duties on capital equipment, which are not included in the customs tariff in coordination with the concerned ministry.

(2) Customs duties for the transportation means as determined by regulations

(3) Production inputs for projects, which are not included within the customs tariff, are subjected to the list approved by the Ministry.

(4) The Federal Minister may delegate the State Minister to grant the project the privileges  stipulated in item (1) in accordance with the appropriate conditions and regulations.

(5) For the purposes of Article (6), the Federal Minister may, with the approval of the Finance Minister in consultation with the concerned Minister or the State Minister, grant the Project additional privileges in accordance with the criteria prescribed by the Regulations.

Granting the project the advantage of land:

1. The Federal Minister  grants a necessary land for the project at an encouraging price.
2. The Federal Minister in coordination with the State authorities may renew the period of the granted land .
3. An agreement is to be signed between the federal and the State authorities regarding  the exploitation of the land for investment purposes.
4. The State receives the incentive price of the exploited land  for investment purposes.