LiveOffshore

Latvia >>

• Liepaja SEZ >> was established for 20 years – from March 1, 1997 to March 1, 2017 with the aim to facilitate development of commercial activities in Liepaja city and region. Liepaja SEZ covers almost 65% of the city territory – around 3 000 ha – and it includes Liepaja Port, industrial territories of the city, international airport, as well as the former military base - Karosta. More than 2000 ha of Liepaja SEZ territory is classified as “free territories”, which are available to potential investors for development of business activities.
  
  
• Rezekne SEZ >> Outputs of Rezekne enterprises are mainly targeted at eastern markets. Re-orientation of these companies towards Europe and western markets still remains rather complicated. Wood processing enterprises, one of the priority sectors in the Rezekne SEZ development concept, are developing rather successfully in Rezekne SEZ and the rest of the region.
  
  
• Riga Commercial Free Port >>Owing to the specific economic regime within the Free port area - tax benefits, flexibility of customs regime, high level of autonomy of the administration - an advantageous business environment has been created that promotes attraction of foreign investment, development of trade, manufacturing and service spheres, as well as acquisition of modern technologies and personnel training.
  
  
• Free Port of Riga >> Contact Information: FREEPORT OF RIGA AUTHORITY, Kalpaka blvd. 12, Riga, Latvia, LV-1050. Phone: (+371) 7030800. Fax: (+371) 7030835. E-mail: \n This e-mail address is being protected from spambots. You need JavaScript enabled to view it This email address is being protected from spam bots, you need Javascript enabled to view it Working hours: on weekdays from 0900 to 1800.
  
  
• Ventspils Free Port >> Today Ventspils port has regained its significance as an important transit center. Favorable investment climate, various business incentives, clean environment despite the location of the port amid the city, business-minded attitude of the port specialists, these are just a few of the factors placing Ventspils among the leaders of the Baltic Sea Region.

Lebanon >>

• Lebanon >> Lebanon has two free zones in operation, the Beirut port and the Tripoli port. The reconstruction of a 120,000 square meter free zone at the Port of Beirut is complete and a 6,000-square meter bonded warehouse facility is now available.
  
  
• Port of Beirut >> The essential goal behind the reconstruction of Beirut Free Zone was and continues to be the bestowing of life and vitality needed to nourish the "triangular trade" from, to and through Beirut. This ancient city has been throughout history, a gateway and a means of trade to the three surrounding continents of the Mediterranean. We look forward to making the city the global commercial gateway for the coming 21st century.

Lithuania >>

• Klaipeda Free Economic Zone >> Klaipeda Free Economic Zone is an area occupying 205 hectares located in a strategic position by the port-city of Klaipe.da. It is managed by the Klaipeda Free Economic Zone Management Company which provide clients with all the necessary services in order to make the process of setting up easier and faster. Further, a system of tax and other incentives provide a very competitive operating environment.
  
  
• Kaunas Free Economic Zone >> Where, in the very centre of the enlarged European Union, can you operate your business within a legal TAX-Free environment? The Kaunas Free Economic Zone (Kaunas FEZ) is a site of 534 hectares located in Kaunas, the second biggest Lithuanian city, and is planned to become one of the largest free economic zones in the Baltic Sea Region.

Macedonia >>

• Macedonia >> "There are no active Free Trade Zones in Macedonia, although locations for such zones have been designated (Bunardzik - an area north of Skopje; an area at the town of Gevgelija near the border with Greece; and an area between the town of Bitola and the border with Greece). Amended legislation has been prepared for permitting and regulating such zones. In June 2004, Welsh company Glyndor Estates won the tender to manage the free economic zone at Bunardzik, but administrative obstacles preventing the zone's operation were only resolved in December. Glyndor will develop the zone and collect rents from the tenants."

Malaysia >>

• Malaysian External Trade Development Corporation >> To date there are 14 Free Industrial Zones located at Bayan Lepas, Prai, Prai Wharf, Batu Berendam, Tanjung Kling, Sungai Way, Ampang Hulu Klang, Telok Panglima Garang, Johor Port, Jelapang, Kinta Phases 1 & 11, Tanjung Gelang and Sama Jaya.
• Malaysia >> "Malaysia has Free Zones (FZ’s) in which export-oriented manufacturing and warehousing facilities may be established. Raw materials, products and equipment may be imported duty-free into these zones with minimum customs formalities. The zones are divided into Free Industrial Zones (FIZ), where manufacturing and assembly takes place, and Free Commercial Zones (FCZ), generally for warehousing commercial stock. Companies that export not less than 80% of their output and depend on imported goods, raw materials, and components may be located in these FZ’s.
  
  Goods sold into the Malaysian economy by companies within the FZ’s must pay import duties. If a company wants to enjoy Common External Preferential Tariff (CEPT) rates within the ASEAN Free Trade Area, 40 percent of a product's content must be ASEAN sourced. In addition to the FZ’s, Malaysia permits the establishment of licensed manufacturing warehouses outside of free zones, which give companies greater freedom of location while allowing them to enjoy privileges similar to firms operating in a FZ. Companies operating in these zones require approval/license for each activity. The time needed to obtain licenses depends on the type of approval and ranges from 2-8 weeks."

Malta >>

• Malta FreePort >> There is one free trade zone in Malta, the Malta Freeport. All goods transshipped through the Freeport by a licensed company are exempt from the payment of customs duty. Goods imported into Malta through the Freeport are subject to duty. Freeport licensed companies are eligible to reduced rates of tax. Newly licensed companies are taxed at reduced rates of 5% for the first 7 years, 10% for the following 6 years, and 15% for the next five years. Freeport operators also benefit from investment tax credits, calculated as a percentage of the amount invested, or as a percentage of the first two-year wage of jobs created as a result of the investment project.
  
  

Mauritius >> Offshore Business Centre

• A.A.M.I.L LTD >> Caudan Waterfront, Port-Louis, Mauritius. Phone : (230) 210-1000. Activity: Offshore Business Consultants, Offshore Management Company, Accounting.
  
  
• Alliance Trust Co. (Mauritius) Limited >> Alliance Trust Co. (Mauritius) Limited has particular expertise in offering reliable services in connection with the formation and administration of offshore companies in Mauritius. We also specialise in providing a full range of services with respect to Trusts.
  
  
• Ashoke Roy Consultants >> AAMIL Ltd is one of the leading Management Companies, active in the International Services Sector, incorporated under the laws of Mauritius. AAMIL is one of the leading Management Companies, active in the Global Financial Services sector (formerly Offshore sector) in the Republic of Mauritius. It maintain offices in Port-Louis (Mauritius) and Geneva (Switzerland), and a presence in Luxembourg (Grand Duchy) as well as in Mumbai (India).
  
  
• Business Consult >> Business Consultant is a fully licensed Offshore Management Company in Mauritius providing a comprehensive range of services including Company formation & administration, Corporate management, Trust Formation & trusteeship services, International tax planning, Ship & aircraft registration, Back office services, Accounting and other related services.
  
  
• Grand Baie Trust >> Our expertise is based on an in-depth knowledge of our clients' needs, and drawing on the collective know-how of our strategic and professional alliances. Grand Baie Trust Co. Limited has partners in Monaco and has furthermore developed excellent relationships with teams of accountants, lawyers and financial advisers situated in major financial centres for tax planning, global wealth structuring, asset protection and structuring cross-border investments.
  
  
• Mauritius Freeport >> The Mauritius Freeport is a duty-free logistics, distribution and marketing hub for the region. Logistics and warehousing facilities are readily available for the transshipment, consolidation, storage and minor processing of goods.
  
  
• Moore Stephens Mauritius >> A wide range of professional services has been developed by member firms since 1907 when Moore Stephens was first founded, to assist clients in meeting their cross-border commercial objectives. These are complemented by local services in each country.

Mexico >>

• Free Trade Area of the Americas: Mexico >>
  
  
• Mexico >> "In addition to the maquiladora and PITEX programs that operate as quasi-free trade zones, in 2002 Mexico approved the operation of more traditional free trade zones (FTZ). Unlike the previous “bonded” areas that only allowed for warehousing of product for short periods, the new FTZ regime allows for manufacturing, repair, distribution, and sale of merchandise. There is no export requirement for companies operating within the zone to avail themselves of tax benefits. Regulatory guidance for the new regime is still being amended, therefore investors should consult a tax lawyer for detailed information. Most major ports in Mexico have bonded areas (“recinto fiscalizados”) or customs agents (“recintos fiscal”) within them. There are currently two approved FTZ’s, both operating in San Luis Potosi."

Moldova >>

• Moldova >> Moldova currently has one Free Enterprise Zone (FEZ) in Chisinau. Four other zones are under development, Tvardita, Taraclia, Valcanes, Otaci-Business.

Montenegro >>

• Port of Bar >> Territory of Port of Bar Free Zone includes the entire area of the Port of Bar with the possibility of territorial expansion to its hinterland. Business activities in Free Zone are regulated by good legal documents creating presuppositions for completely free flow of capital, goods and labour and offering benefits and exemption from customs duties, taxes and other duties.

Morocco >>

• Tangier Free Zone >> Located in the North of Morocco, lying 15 km South of Europe, the Tangier Free Trade Zone aspires to be the land of opportunities par excellence for investors. Extending over a total surface area of 345 hectares, the Tangier Exportation Free Zone is managed by the Tanger Free Zone (T.F.Z), a company incorporated by a consortium of private companies.
  
  
• Morocco >> "There is a free trade zone in Tangier in northwestern Morocco. The zone is open to both Moroccan and foreign companies. The companies located in the zone may import goods duty free and are exempt from other taxes. Moroccan labor laws apply to the zone, but few, if any, firms are unionized. There is also an offshore banking law covering Tangier."

Mozambique >>

• Mozambique >> Beira and Maputo Free Trade Zones were officially approved but are not yet operating.

Nepal >>

• Nepal >> Nepal has no Foreign Trade Zones, Free Ports or Export Processing Zones. However, any industry exporting 90 percent or more of its products is entitled to import raw materials and capital goods without payment of custom duties, excise taxes or sales taxes.

Netherlands Antilles >>

• Curaçao >> The Economic Zones are fenced-in local areas where goods can be stored, displayed, packed, manufactured, released from bond, and where services, for example Call Center, may be rendered. Curaçao has two Economic Zones. The one located at the harbor was established in the late fifties. The success of this zone, together with the government's vision to further develop Curaçao as a regional logistic, commercial and fiscal center, has led to the development of a second Economic Zone, located next to the International Airport Hato. Address: Emancipatie Blvd 7, Landhuis Koningsplein, Curaçao, Netherlands Antilles
  Tel: (599-9) 737-6000. Call toll free from the U.S.A.: 1-800-236-7182
  Fax: (599-9) 737-1336.
  

Nigeria >>

• Nigerian Export Processing Zone Authority >> To attract export-oriented investment, the GON established the Nigerian Export Processing Zone Authority (NEPZA) in 1992. NEPZA allows duty-free import of all equipment and raw materials into its zones. Up to 25 percent of production in an export processing zone may be sold domestically upon payment of applicable duties. Investors in the zones are exempt from foreign exchange regulations
  and taxes and may freely repatriate capital.
  
  
• Tinapa >> Tinapa is set to become a world-class integrated business resort. Located on the Calabar River, and contiguous to the Calabar Free Trade Zone (Calabar FTZ), Tinapa is the realization of an exciting dream - the first integrated business and leisure resort in Nigeria.
  
  
• Snake Island Integrated Free Zone >>
  
  
• LADOL Free Zone >> LADOL Free Zone’s main purpose is the provision of logistical, engineering and other support services for deep offshore oil and gas exploration.

Oman >>

• Oman >> "Oman has no general provisions for the temporary entry of goods. In the case of auto re-exports, a company can import vehicles into the country for the purpose of re-export and have duties refunded if it re-exports the vehicle within six months. In 1999, the government opened a new free trade zone at an interior border crossing point with Yemen (al-Mazyounah). Oman is currently planning to develop a free trade zone in Salalah, adjacent to the international container transshipment port that opened in November 1998. The government has also expressed its intention to establish a free zone at Sohar port, in conjunction with plans to expand the existing port and industrial zone."

Pakistan >>

• Duddar Export Processing Zone >> for exploitation of Lead and Zinc (Operated by a Chinese Company).
  
  
• Gujranwala Export Processing Zone >> Diversified products (Infrastructure being developed).
  
  
• Gwadar Export Processing Zone >> Specialized incentives package would be offered to Gwadar Zone Investors which would be set-up on 1000 acres.
  
  
• Karachi Export Processing Zone >> Karachi Export Processing Zone is located adjacent to the Landhi Industrial Area (Extension) within a distance of 18 Kilometers from the modern Quaid-e-Azam International Airport, 20 Kilometers from Port Qasim and 35 Kilometers from the highly modernized and developed Karachi Seaport. The Zone is linked with the National Highway network. It offers effective and convenient approach to the markets of the Middle East, Far East, Africa, Europe, and America to the new markets of Central Asian Republics.
  
  
• Pakistan Export Processing Authority >> The Export Processing Zones Authority (EPZA) was established in 1980 by the Government of Pakistan with the mandate to plan, develop, manage and operate export processing zones. A listing of Export Processing Zones are listed.
  
  
• Reko Diq Export Processing Zone >> for exploitation of Gold and Copper (Operated by Australian Company).
  
  
• Risalpur Export Processing Zone >> Diversified products (Managed by Sarhad Development Authority).
  
  
• Saindak Export Processing Zone >> for exploitation of Gold and Copper. (Operated by Chinese Company).
  
  
• Sialkot Export Processing Zone >> Diversified products. (Managed by Punjab Small Industries Corporation).
  
  
• Tuwairqi Export Processing Zone >> for exploitation of Steel Billets (Operated by a Saudi Company).
  
  
• Pakistan >> "The Government established its first Export Processing Zone (EPZ) in Karachi in 1989, with special fiscal and institutional incentives available to encourage the establishment of exclusively export-oriented industries. The Government subsequently established additional EPZs in Risalpur, Gujranwala, and Sialkot in the Punjab, and Saindak and Duddar in Balochistan. Principal government incentives for EPZ investors include an exemption from all federal, provincial and municipal taxes for production dedicated to exports, exemption from all taxes and duties on equipment, machinery and materials (including components, spare parts and packing material, indefinite loss carry forwards, and access to Export Processing Zone Authority "One Window” services, including facilitated issuance of import permits and export authorizations.

  The Government also offers incentives for additional categories of export manufacturing. An Export-Oriented Unit (EOU) is a stand-alone industrial unit allowed to operate anywhere in the country that exports 100% of its production. EOU incentives include an exemption from duty and taxes on imported machinery and raw materials and duty-free import of two vehicles per project. Pakistan also has 83 Industrial Zones (IZs: 27 in Punjab, 29 in Sindh, 16 in North West Frontier Province, and 11 in Balochistan. The IZs provide infrastructure facilities but do not enjoy fiscal incentives unlike EPZs."

Panama >>

• Colon Free Zone >> The Colon Free Zone is a gigantic entity at the Atlantic gateway to the Panama Canal, dedicated to re-export an enormous variety of merchandise to Latin America and the Caribbean.
  
  
• Free Trade Area of the Americas: Panama >>
  
  
• Panama >> "The government ... provides numerous tax incentives to companies that operate in EPZ’s. Companies operating in these zones may import inputs duty-free if products assembled in the zones are to be exported. Of the sixteen EPZ's, most remain small and underdeveloped with only a few tenants. They are said to be growing sporadically depending on location, but have faced difficulties combating Panama's high relative wages, low industrial base, and weak infrastructure particularly outside the Panama-Colon Corridor."

Paraguay >>

• Free Trade Area of the Americas: Paraguay >>
  
  
• Paraguay >> "Paraguay is a landlocked country with no seaports. However, it has been granted free trade ports and warehouses in neighboring countries' seaports for the reception, storage, handling, and transshipment of merchandise transported to and from Paraguay. The Paraguayan port authority manages the free trade ports and warehouses. Paraguayan free trade ports are located in Argentina (Buenos Aires and Rosario); Brazil (Paranagua, Santos, and Rio Grande do Sul); Chile (Antofagasta); and Uruguay (Montevideo and Nueva Palmira). To date, only the Brazilian free trade ports and Nueva Palmira in Uruguay are in full operation."

Peru >>

• Free Trade Area of the Americas: Peru >>
  
  
• Peru >> "Companies established at the CETICOS and ZOFRATACNA, which export no less than 92 percent of their output (more than 80 percent of production for the Loreto CETICOS and more than 50 percent for ZOFRATACNA), are exempted until 2012 from all taxes, dues and contributions from the central government and municipalities, particularly income, sales (IGV), Municipal Promotion (IPM) and excise (ISC) taxes. CETICOS exist at Ilo, Matarani and Paita, with one authorized but not operating at Loreto. There is a concern that the Peruvian Government does not have the proper WTO waivers to validate the CETICOS export requirement. The U.S. automotive industry has expressed a specific concern that U.S. brands are unable to compete with used Japanese vehicles that enter the Peruvian market duty-free through the CETICOS. Importers locating in ZOFRATACNA pay only eight percent customs duties (normal rates are 12 or 20 percent) on 1,086 items sold to retailers in the city of Tacna.

Pilippines >>

• Philippine Economic Zone Authority >> This site has a listing of all the economic zones of the country. As an important national development strategy, the Philippine government promotes the establishment of world class, environment friendly economic zones (ecozones) all over the country to respond to demands for ready-to-occupy locations for foreign investments. At the helm of this strategy is the Philippine Economic Zone Authority (PEZA), a government corporation established through legislative enactment known as “The Special Economic Zone Act of 1995.”
  
  

Portugal >>

• Madeira >> Offshore Business Centre

  • Madeira's International Business Centre >> Madeira is presently one the best locations in the E.U. for companies with operations in the single market and worlwide. With reduced direct and indirect taxation, adequate infrastructures, competitive operational costs, safety and quality of life, Madeira is positioned to provide the investor with a unique package of benefits, offering a wide range of solutions to enhance the efficiency and performance of various forms of investment.
    
    
  • Madeira Management >> Madeira Management provides specialised corporate structuring and advice to business seeking to trade and invest beyond their own national borders utilising the MIBC. Madeira Management offers sophisticated international corporate structuring and tax planning, arranges superior banking facilities, has an excellent reputation for confidentiality and privacy and has developed expertise in a diverse and attractive range of international tax planning, investment holding, shipping and trading structures.
    
    
• Portugal >> "Portugal has two foreign trade zones/free ports in the autonomous regions of the islands of Madeira and the Azores. These foreign trade zones/free ports were authorized in conformity with EU rules or incentives granted to member states. Industrial and commercial activities, international service activities, trust and trust management companies and offshore financial branches are eligible activities. Companies established in the foreign trade zones enjoy import/export-related benefits, financial incentives, tax incentives for investors and tax incentives for companies.

  The Madeira free trade zone has approximately 4000 companies registered. Under the terms of Portugal's agreements with the EU, companies in the Madeira FTZ can take full advantage of the tax incentives provided until December 2011, when those incentives will begin to be phased out."