Operational Incentives
As part of their business operations, Freeport licensees are entitled to operational incentives contributing to enhance their international cost competitiveness. These incentives include:
- Vat at zero rate for all supplies made to a licensee and exclusively meant to be used within a Freeport zone
- Sale of goods onto the local market up to a specified limit and upon payment of duties and taxes
- Duty and tax exemption on all machinery, equipment and materials imported by a Freeport licensee and meant for its exclusive use within a freeport zone
- Reduced port handling charges on containerised and bulk cargo exclusively destined for re-export
- Specialised and competitive freight forwarding, clearance and trucking services.
Last Updated: 3/18/2004 2:52:04 PM
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