Advantages of Investment in Libya
The privileges & Exemptions: An investment project, subject to the provisions’ of law (No.9) for 2010 shall enjoy the following privileges: Exemption of the machinery, equipment and tools necessary for the execution of the project from customs duties, import fees, and other fees and taxes of a similar nature. However, exemption stated above does not include ports, handling and storage service fees. Exemption from all fees and taxes for all supplies, raw materials, spare parts, transport means, fixtures and fittings, publicity and advertising material and any other requirements related to the operation and management of the project for a period …