The Institution Established by an Act of the Palestinian Legislative Council No (14) (2005), the Foundation is working to take care of minors and orphans funds aimed at preservation and development through its investment in accordance with the Islamic modes of financing.Palestine’s Future:
- Fixed assets are exempt from customs duties.
- Spare part important by the enterprise shall be exempt from customs duties provided that their value does not exceed (15%) of the fixed assets.
- Investors may freely transfer all financial resources out of Palestine At the applicable market currency exchange rates in effect the time of transfer In a convertible currency acceptable to the investor.
- Income tax (%0) for the Agriculture projects, industrial and tourism projects (5%) Up to Five years and 10% for 3 years, preceded by a grace period of a maximum of four years or until they generate a profit.
- Investment that increases their production exports for more than (40%).
- Investment use (70%). Of the local content. Investments that employ additional at least 25 workers during the period of benefit.
- No distinction between foreign or domestic investors.
Palestinian investment climate based on many of components which support the investment such as :
- The Arab Investment & Export Credit Guarantee Corporation "Dhaman"
is a pan-Arab organization owned by the governments of Arab states & 4 Arab financial institutions, established in April 1974 as the first multilateral investment guarantee provider in the world, based in Kuwait and rated "AA Negative outlook" by Standard & Poor's.
- Promote the flow of foreign direct investment (FDI) into Arab countries through providing political risk insurance to Arab & non-Arab investors and lenders.
- Enhance Arab exports through providing political and commercial risk insurance to Arab exporters.
- Support Arab domestic trade through providing commercial risk insurance to B to B sales.
- Support economic growth in Arab countries through providing political & commercial risk insurance to non-Arab exporters and financial institutions involved in the sales of commodities, raw materials, equipment and other developmentally sound goods and services to Arab importers.
- Carry out research and knowledge sharing activities, technical assistance to Arab FDI promotion agencies and cooperation with Arab & International organizations involved in investment promotion.
- Multilateral Investment Guarantee Agency
MIGA is a member of the World Bank Group. Their mission is to promote foreign direct investment (FDI) into developing countries to help support economic growth, reduce poverty, and improve people's lives.
- SharakatInvestment Fund
targets a number of vital economic sectors that are crucial to the development of the Palestinian economy. Some of the investment funds are managed by Sharakat’s own team while others are managed by Sharakat’s partners. Sharakat’s internally managed Investment Fund focuses on MSME’s in the following sectors and areas: Jerusalem, Microfinance, Agriculture, Industry, IT, Health, Education, and Renewable Energy.
- Foundation of Orphans Funds Development & Administration
The Institution Established by an Act of the Palestinian Legislative Council No (14) (2005), the Foundation is working to take care of minors and orphans funds aimed at preservation and development through its investment in accordance with the Islamic modes of financing.