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Apparel/Garments

Yemen to fully exempt textile, clothing, sewing factories from taxes

13 Jun '24

1 min read

Yemen to fully exempt textile, clothing, sewing factories from taxes

Pic: Adobe Stock

Insights

Yemen's textile, clothing and sewing factories will be fully exempt from taxes as per a directive of the President of the Supreme Political Council Mahdi Al-Mashat.
The announcement came at an event organised by the Chamber of Commerce and Industry, the ministry of industry and trade, and the tax authority.
The exemption will be implemented next month.

Yemen’s textile, clothing and sewing factories will be fully exempt from taxes as per a directive of the President of the Supreme Political Council Mahdi Al-Mashat, the government announced in capital Sanaa recently.

The announcement came during an event organised by the Chamber of Commerce and Industry, the ministry of industry and trade, and the tax authority, a domestic news agency reported.

The cent per cent tax exemption will be implemented next month.

Fibre2Fashion News Desk (DS)

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