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Free economic zones (FEZ), free economic territories (FETs) or free zones (FZ) are a class of special economic zone (SEZ) designated by the trade and commerce administrations of various countries.The term is used to designate areas in which companies are taxed very lightly or not at all to encourage economic activity.The taxation rules and duties are determined by each country.
6 de ago. de 2021 · Companies located in free zones can obtain various incentives and benefits according to the countries in which they are located. These incentives and advantages, which vary for each country, can be summarized as follows for Turkey: · Tax advantages for producers. · Opportunity to obtain medium and long-term operating license.
The World Free Zones Organization (World FZO) Atlas, curated by the World FZO Observatory, maps out all free zones and special economic zones around the world and provides insight into their industry focus and operations. Atlas is the flagship point of reference for free zones and the wider business community when establishing economic ...
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Free Zones have become a global phenomenon and an integral part of the global supply and value chains within just the 50 years. The rapid expansion of Free Zones has been driven mainly by political decisions closely affiliated with national economic development strategies.
17 de ago. de 2022 · In 2022 and 2023, the European Commission carried out a Study of the impact of free zones and proposals for guidelines on their future modernisation in light of the European Green Deal. Member States may designate parts of the customs territory of the Union as 'free zones'; these free zones must be communicated to the European Commission.
Enter Title. Dedicated to our members' growth and prosperity, the World Free Zones Organization (World FZO) is the strongest, most active free-zone organization in the world. We can help you achieve your strategic objectives, make connections that matter, and put the industry’s most powerful insights, resources and tools at your fingertips.
