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The Freeport legislation provides for a liberal and comprehensive package of incentives for companies looking for a cost-effective logistics platform:

  • Duty-Free and VAT free for goods and equipment imported into Freeport zones
  • 3% tax on export of goods
  • Preferential market access
  • 100% foreign ownership
  • Free repatriation of profits
  • No foreign exchange control
  • Reduced port handling charges