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Free economic zones (FEZ), free economic territories (FETs) 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 .
See also: List of special economic zones and List of free-trade zones In special economic zones business and trades laws differ from the rest of the country. The term, and a number of other terms, can have different specific meanings in different countries and publications. Often they have relaxed jurisdiction of customs or related national regulations. They can be ports or other large areas ...
Free-trade zones can also be defined as labor-intensive manufacturing centers that involve the import of raw materials or components and the export of factory products, but this is a dated definition as more and more free-trade zones focus on service industries such as software, back-office operations, research, and financial services.
An Italian village in one of the world’s few “blue zones” is offering villas for $1 to Americans who were sent into a tailspin after Donald Trump's decisive presidential election win.
Free Zones offer ready offices, warehouses, open stock areas, production facilities for rent or sale and lands with ready infrastructure. All kinds of infrastructure services (electricity, water, gas, waste water, purification, communication) are provided by Founder and Operator Companies in accordance with the free zone authority in these areas.
Typically, dementia is associated with classic symptoms like confusion and memory loss. But new research finds that there could be a less obvious risk factor out there: your cholesterol levels ...
On 14 April 2016, in order to promote a reform on the municipal administrative decentralization, the City Council of Milan established the new Municipality 7, a new administrative body responsible for running most local services, such as schools, social services, waste collection, roads, parks, libraries and local commerce.
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