Free zones are specific areas located within different countries where businesses operate under different tax laws separate from the rest of the country. Companies who are doing their business within free zones are usually taxed very lightly or not at all. Today, such areas are developed globally and they are located around seaports, airports or areas with strong strategic placement with an excellent connection to major roads, railways, ports or even between regions. These days, there are hundreds of global free zones, and this infographic by Market Inspector shows a few of the most remarkable ones.
Infographic Sources:
1. Alabuga Special Economic Zone
2. Freeport of Ventspils
3. Kaunas Free Economic Zone
4. Katowice Special Economic Zone
5. Shannon Free Zone
6. Smederevo Free Zone
7. Shanghai Pudong Waigaoqiao Free Trade Zone
8. Navoi Free Industrial Economic Zone
9. ModernCikande Industrial Estate
10. Tanger Med Zones
11. Mauritius Freeport
12. Gabon Special Economic Zone
13. Global Free Zones of the Year 2016
1. Alabuga Special Economic Zone
2. Freeport of Ventspils
3. Kaunas Free Economic Zone
4. Katowice Special Economic Zone
5. Shannon Free Zone
6. Smederevo Free Zone
7. Shanghai Pudong Waigaoqiao Free Trade Zone
8. Navoi Free Industrial Economic Zone
9. ModernCikande Industrial Estate
10. Tanger Med Zones
11. Mauritius Freeport
12. Gabon Special Economic Zone
13. Global Free Zones of the Year 2016
Top image: Alabuga Special Economic Zone, Tatarstan, Russia. Credit: Айдар Муртазин/Wikimedia Commons.
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