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Monday, March 7, 2011

What is Free Zone

Monday, March 7, 2011
What is Free Zone ?

Free trade zones, customs, although within the boundaries of the country's politicalline is considered out of the country's current business, legal and administrative regulations concerning financial and economic fields, applied or partially applied, industrial and commercial activities of incentives for the wider recognition andphysically separated from the rest of the country as places defined.

Free trade zones;

* Country imposition of foreign capital and technologies to enable the creation ofappropriate ground,
* Some raw materials and intermediate goods needed by industrialists with ease,without loss of time and availability of the required amount,
* Provided incentives and advantages of low cost production and export of goods,
* Transit to other countries and selling of goods coming from outside,
* the creation of new employment opportunities,
* facilitate and accelerate the export of  export products in terms of functionsthat sees a step.

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