INTIEAJordan · Tax incentives for renewable hydrogenPolicyIn force

Tax incentives for renewable hydrogen

In alignment with the Economic Modernization Vision, the Cabinet approved the Incentives and Exemptions Committee’s decision at the Ministry of Investment to grant green hydrogen projects located outside the Aqaba Special Economic Zone a comprehensive incentives package. The…

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Country / jurisdiction: Jordan · Year: 2025 · Status: In force · Level: National · Type: Voluntary

In alignment with the Economic Modernization Vision, the Cabinet approved the Incentives and Exemptions Committee’s decision at the Ministry of Investment to grant green hydrogen projects located outside the Aqaba Special Economic Zone a comprehensive incentives package. The approved package includes a 5% income tax rate with a 1% national contribution; exemptions from customs duties, general sales tax, and other levies on all project equipment, fixed assets, and spare parts; as well as exemptions from stamp duties on contracts related to financing, supply, installation, and operation. Additional benefits include exemption from withholding tax on imported services, a grace period of up to five years before public treasury land rents are collected, and tax exemptions for non-resident financiers on interest, fees, and related loan payments for the duration of project agreements.

Official source: https://petra.gov.jo/Include/InnerPage.jsp?ID=74515&lang=en&name=en_news

Source

https://www.iea.org/policies/28856

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