Gov’t prepares new legal and tax wrapper for central business districts
· Egyptian market news
The government is moving to carve out its financial and business districts from the domestic regulatory framework.
REMEMBER- last year studying legislation and incentives weighing tax and customs breaks
The referee and the builder
The legislation separates regulation from development.
Development sits in a separate lane.
A quarter-century tax holiday:
The incentive clock starts from the district’s operation date
Capital mobility and foreign loans:
Financial oversight stays with the sector regulators: