Investment in MFZ:-

     MFZ pursues to attract investors from all over the world, through the appropriate investment atmosphare and offering all possible incentives for investors in the sake of achieving the targets of the Free Zone of which the important are transferring and settling technology and know how, creating job opportunities and to create income resources to support the national economics.

     Investment in MFZ includes, industrial, commercial, services  and contracting and that shall be through establishing companies or setting up branches of companies they are local  or foreign and that is available for individuals as well companies.

     Establishing companies and opening branches in MFZ is according to what stipulated in regulations of establishing companies and opening branches issued by General People’s Committee’s regulation No 252-2005 which determined the minimum Capital of companies to be established in MFZ by $ 100,000.

Privileges and Exemption that will be give to investors:

• Exemption from registration requirements in trade, import, and export registry.

• Exemption from custom duties, taxation and other charges and applicable fees.

• Exemption from any restrictions or censorship formalities except
  those related to feiths, natural, moralities, security, and health and environment aspects.

• All stocks and shares, financial exchanges, money transfers are exempted from taxes, extra charges and fees.

• The possibility of transferring the ownership from one investor to another.

• Projects in the Free zone can not and may not be nationalized, dispossessed, expropriated, confiscated, frozen or subjected to any of the previously mentioned unless permitted by law and against fair compensation.

• Money and transit goods can not be retained or frozen unless by law executable in Libya.