Free economic zones (FEZ) 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 are determined by each country. The World Trade Organization (WTO) Agreement on Subsidies and Countervailing Measures (SCM) has content on the conditions and benefits of free zones.
Sometimes they are called free ports, which have historically been endowed with favorable customs regulations such as the free port of Trieste. Very often, free ports constitute a part of free economic zones.
According to the Abu DhabiCommercialPropertyMarketReport by Savills Middle East, the number of economic licences issued on the mainland rose by 16 per cent in 2024, while active licences in non-financial free zones grew by 22 per cent. .
...Activity (MCA) within the Philippines' Exclusive Economic Zone, demonstrating a collective commitment to strengthen regional and international cooperation in support of a free and open Indo-Pacific.
(MENAFN - Gulf Times) FalconGold & PreciousMetals is set to open Qatar's first and only gold refinery in Qatar FreeZone, marking a significant milestone in the country's economic diversification ... .
FalconGold & PreciousMetals is set to open Qatar’s first and only gold refinery in Qatar FreeZone, marking a significant milestone in the country’s economic diversification efforts.
In a significant leap forward for Qatar’s economic landscape, FalconGold and PreciousMetalsQFZLLC is set to open the country’s first gold refinery in the Qatar FreeZone... Being in the Free Zone ...
CHINESE manufacturing companies and other multinational firms have expressed interest to shift operations to the Philippines as a result of US PresidentDonald Trump's new trade policies, the Philippine Economic ZoneAuthority (PEZA) said.
The meeting resulted in the approval of a new project under the private free zone system ...The project will establish an industrial complex in the Borg El Arab logistics and industrial zone.
His visit underscored Việt Nam’s interest in learning from China’s economic model, particularly in areas such as private sector development, free trade zones, and high-tech industrial parks.
BUSINESS REPORTERMUSCAT, MARCH 23The Public Authority for Special Economic Zones and Free Zones (OPAZ) has enhanced its investor services by unifying the service pathway, enabling ....
He explained that the delegation's visit was a continuation of the memorandum of understanding (MoU) in the field of free trade and economic zones, which was signed between KDIPA and China'sCommerce...
Meanwhile, the League said it has many economic achievements, including launching the Arab free trade zone in 2005 and the joint Arab market for electricity in 2024 ... (end) mfm.ag. .
Ghana can establish Special Economic Zones (SEZs) and FreeTrade Zones (FTZs) around Tema and Takoradi, offering tax incentives and regulatory support to attract multinational shipping firms, logistics companies, and e-commerce giants.
Italy's strategic location, combined with the presence of FreeTradeZones (FTZs) and Special Economic Zones (SEZs), is driving substantial investments in data center infrastructure.