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What (who) is Šiauliai Free Economic Zone - definition
free port
AREA OF A COUNTRY WHERE COMPANIES ARE VERY LIGHTLY TAXED
Free ports; Porto franco; Free Port; Zona franca la plata; Zona franca; Free Economic Zone; Economic free zone; Free port; Zona Franca; Bonded port; Bonded area; Free economic territory
¦ noun
1. a port open to all traders.
2. a port area where goods in transit are exempt from customs duty.
Free Ports
AREA OF A COUNTRY WHERE COMPANIES ARE VERY LIGHTLY TAXED
Free ports; Porto franco; Free Port; Zona franca la plata; Zona franca; Free Economic Zone; Economic free zone; Free port; Zona Franca; Bonded port; Bonded area; Free economic territory
Free ports are a form of free trade zone that usually encompass an entire port area (examples include Hong Kong and Singapore). See: Free Trade Zones
free port
AREA OF A COUNTRY WHERE COMPANIES ARE VERY LIGHTLY TAXED
Free ports; Porto franco; Free Port; Zona franca la plata; Zona franca; Free Economic Zone; Economic free zone; Free port; Zona Franca; Bonded port; Bonded area; Free economic territory
Separate area within a port where goods which have been imported may be held without duty payment.
Wikipedia
Šiauliai Free Economic Zone
Šiauliai Free Economic Zone is a special economic zone located in Šiauliai, Lithuania. It has an area of 133 ha, and a 15MW power supply capability.
