Free Trade Zone in Eilat – VAT Aspects, Registration Conditions and Legal Implications

The Eilat Free Trade Zone Law (Tax Exemptions and Discounts), 1985 (hereinafter: “the Law”), was enacted with the aim of developing the city of Eilat and transforming it into a prosperous tourist and commercial area. The legislation is intended to deal with economic challenges resulting from the city’s geographical distance from the centers of trade […]