imported>Doug Williamson |
imported>Administrator |
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| 1. ''International trade - customs duty''.
| | Statutory Instrument. |
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| Alternative name for a freeport, a zone around a sea port or airport that enjoys customs duty exemptions.
| | == See also == |
| | * [[Statutory instrument]] |
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| 2. ''Trade - international trade - customs duty - tax''.
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| A zone in a country that enjoys exemptions from customs duties, together with other support, often including other tax advantages.
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| Free zones are often located around sea ports, airports or international borders.
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| A key risk of free zones is that they can facilitate fraud and other organised criminal and terrorist financing activity.
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| The support that can be given under international law by way of free zones is limited by state aid rules, including those of the World Trade Organization.
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| The terms Free zone and ''free trade zone'' are sometimes used interchangeably.
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| ==See also==
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| *[[Customs duty]]
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| *[[Free trade]]
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| *[[Free trade zone]]
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| *[[Freeport]]
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| *[[International trade]]
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| *[[State aid]]
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| *[[World Trade Organization]]
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| [[Category:Accounting,_tax_and_regulation]]
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| [[Category:Corporate_finance]]
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| [[Category:Investment]]
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| [[Category:Long_term_funding]]
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| [[Category:Compliance_and_audit]]
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| [[Category:Ethics]]
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| [[Category:Identify_and_assess_risks]]
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| [[Category:Manage_risks]]
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| [[Category:Risk_frameworks]]
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| [[Category:Risk_reporting]]
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