Cabinet Decree No. 24 Of The Year 2024 Regarding The Cases, Safeguards, Conditions And Procedures Regulating The Temporary Release Of Tools, Equipment And Machines From The Free Zone Into The Country, And The Re-Exportation Thereof = قرار مجلس الوزراء رقم 24 لسنة 2024 بشأن الحالات والضمانات والشروط والاجراءات المنظمة لخروج الأدوات والمهمات والآلات بصفة مؤقتة من المنطقة الحرة إلى داخل البلاد والإعادة

Abstract

Article 1: The tools, equipment, machines, apparatuses, devices, and the means of transport equipped for special uses, shall be temporally released from the free zone into the country, with a view to using them on account of a given project or for the purpose of leasing to third parties, and then re-exporting same, pursuant to the following controls: (1) The projects operating in the free zone shall be allowed to temporarily release the tools, equipment, machines, apparatuses, devices, and the means of transport equipped for special uses, which are required for exercising their activities for the account thereof within the country pursuant to their licensed activity, subject to an undertaking by the General Authority for Investment and Free Zones, or an undertaking by the Supreme Council for Media Regulation concerning the projects of the media public free zone whose purposes include exercising one of the activities subject to the aforesaid Law on Regulating the Press, Mass Communication and the Supreme Council for Media Regulation, to pay all the customs duties, value-added tax and other payable taxes and duties in case they are not re-exported. (2) The temporary release period shall be six (6) months, and may be extended to other periods upon the approval of the Head of Customs Authority or his delegate.(3) In case of exceeding the period specified for temporary release or for exercising the activity for the account of a third party, the general provisions of the Customs Law and its executive regulations shall be enforced. (4) A certificate issued from the General Authority For Investment and Free Zones, shall be presented to the effect that the nature of activity and the exercise thereof require the release of the aforesaid objects into the country. (5) The party concerned shall undertake not to exercise any activity within the country, using the aforesaid objects, other than the activity licensed within the free zone. (6) In case the project operates the tools, equipment, machines, apparatuses, devices, and the means of transport equipped for special uses outside the free zone for the account of third parties, the provisions prescribed by the value-added tax law and its executive regulations, referred to, shall be enforced, along with applying all other legal rules prescribed in such case. In case the project leases the equipment to third parties, the general customs rules in force shall be applied.