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A free trade zone designed to host companies involved in different types of manufacturing and maintenance for ships, aircraft and all means of transportation, construction works, trade and warehousing.
Date of Establishment
1991
No of Employees
200
Key Officers
Dr Abduljalil Shaif Al Shuaibi Chairman
Dr Riyad Nader General Manager, Investment Services
Established in 1991 under the Yemen Free Zones Public AuthorityYemen Free Zones Public Authority, Aden Free Zone (AFZ) is the first free trade zone in Yemen. It has an area of 3.5 billion square feet and has attracted investors and companies from countries like Saudi Arabia, Iran and Brazil among others.
AFZ incentives include exemption from taxation on industrial and commercial profits for 15 years with a possible extension for a subsequent 10 years, 100% foreign ownership, capital and profits are freely transferable outside the Aden Free Zone and not subject to any exchange control. In addition, salaries, wages and bonus payments of non-Yemeni employees working on projects in Aden Free Zone are exempt from income tax.
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