Many countries have, or have had at some time, designated areas where companies are taxed very lightly or not at all to encourage development or for some other reason. These are known as free economic zones or Free Zone or SEZ.
Sometimes they are called free ports, by an analogy with free ports known for a long time in history - the ports free of customs or with favorable customs regulations, e.g., the free port of Trieste. Very often free ports are parts of free economic zones.
[edit] Free economic zones by country
- Port Said Public Free Zone
- Alexandria Public Free Zone
- Nasr City Public Free Zone
- Suez Public Free Zone
- Ismailia Public Free Zone
- Damietta Public Free Zone
- Media Public Free Zone
- Shebin El- Kom Public Free Zone
- Qeft Public Free Zone
- Port Said East Port Public Free Zone
- Quarantine Pier of Odessa trade sea port, January 1, 2000, for 25 years
[edit] References