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What is Free Zone?

WHAT IS FREE ZONE?

Free zones are described as areas, where applicable legal and administrative regulations regarding commercial, financial and economic fields in a country are not implemented or partially implemented, greater incentives are offered for industrial and commercial activities, which are physically separated from other parts of a country.

In the Free Zones Law No. 3218, it is stated that the primary purposes for establishing free zones are to promote export-oriented investment and production, to accelerate direct foreign investments and technology introduction, to direct companies to export and to develop international trade.