Transcript All types of bureaucracy is minimized in the Free Zone

Cyprus Free Zone & Marine Logistics Services Ltd.
FAMAGUSTA FREE PORT AND ZONE
An area for your own at the crossroads
of three continents
WHAT IS A FREE ZONE?
•
An area that is
located within the
political boundaries
of a country but
considered outside
its customs
•
An area where legal
and administrative
rules and
regulations
pertaining to the
commercial,
financial, and
economic topics do
not apply
•
An area where
there are
expanded
incentives
provided for
industrial and
commercial
activities
An area that is physically separated from the rest of the country.
CONTRIBUTION TO THE ECONOMY
CONTRIBUTION TO
EMPLOYMENT
Free zones provide employement
not only for users but also for the
overall economy.
Free Zones have made significant
contributions to the global trade
for the passed 20 years.
CONTRIBUTION TO THE ECONOMY
CONTRIBUTION TO INDUSTRIALIZATION AND REGIONAL DEVELOPMENT
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•
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Accelerates the penetration of foreign capital and technology.
Provides inputs that the economy needs in a cheap and regular way by
investment and production to support the exports.
Free Zones contribute by providing inputs required by the economy in a
cheap and regular way.
FINANCIAL ADVANTAGES
TAX EXEMPTION
All the commercial eanings generated
from the activities (production or trade)
undertaken in the Free Zone are
exempted from INCOME and
CORPORATE TAX.
EXEMPTION FROM DUTIES AND VAT
All goods brought to the Free Zone from
abroad are exempted from customs duty and
VAT. As the goods stored in the Free Zone can
be shipped outside the Free Zone according to
the needs, companies based in the Free Zone
can benefit from prefinancing option.
FINANCIAL ADVANTAGES
Free Profit Transfer
All revenues and incomes can freely be
transferred to any part of the world.
Foreign
specialists,engineers and
personnel can freely work
in Free Zones.
COMMERCIAL ADVANTAGES
Free Zones are considered to be outside the Customs
Foreign trade rules shall apply to trade that take place between the Free
Zone and other regions of Northern Cyprus.
All types of bureaucracy is minimized in the Free Zone.
COMMERCIAL ADVANTAGES
.Goods arriving to
the free zone and
port can be stored
for an infinite
period
Both local and
foreign companies
can equally benefit
from incentives and
advantages
provided in the Free
Zone.
All payments for the
activities undertaken
are made in foreign
currency in the Free
Zone.
Who is PortİSBİ ?
With in the Framework of the Contract for Operation and Lease concluded
with the TRNC Ministry of Economy and Energy’s Board of Management
of Free Zone,
Famagusta and Gemikonağı Free Zones are leased to our company for 49
years with an aim to establish the first free zone and port of our island and
the relevent investment activities were initiated in this respect
PortİSBİ Famagusta
PortİSBİ Free Zone has an area of
103.000 m2.
Users can benefit from open and closed
“Storage Areas and Offices”. 1800 m2
closed storage area is built and have
been rented for our customers useage.
We provide logistical services,forklift and
personnel services for our customers.
All buildings and offices inside the area
are insured against fire, theft, and natural
disasters .
All commercial products and equipment
kept in our warehouses are insured with
“third-party indemnity” insurance.
Famagusta Port has been named as an INTERNATIONAL PORT
by Europian Commission.
Regular shippings are realised between Turkey and then to the rest of the
world.
We are ready to take you one step further of your rivals
...
Cyprus Free Zone & Marine Logistics Services Ltd.
FAMAGUSTA FREE PORT and ZONE
Tel : 0 392 365 28 31
Fax: 0 392 365 28 30
e-mail:[email protected]
[email protected]
Mehmet ERÜRETEN
Operation Manager