CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. World Free Zones Organization Welcomes 44 Additional FTZs

World Free Zones Organization Welcomes 44 Additional FTZs

by Lorys Charalambous, Tax-News.com, Cyprus

02 December 2015


The World Free Zones Organization (World FZO) granted membership to 44 additional free zones during the second meeting of the Organization's Board of Directors this year.

Mohammed Al Zarooni, Chairman of the World FZO, said: "The 44 new free zones are quality additions to the World FZO network which come in line with the organization's ambitious vision of serving as an incubator for all free zones of various kinds and models around the world. The World FZO will continue to provide a unified platform for strengthening the role of free zones as key contributors to socio-economic development and sustainability and to encourage international efforts to raise the sector to new levels of excellence and leadership."

The meeting concluded with an agreement on a series of decisions and innovative solutions for upgrading free zones worldwide. The attendees also emphasized the need to launch mobile smart applications to facilitate access to World FZO's services and enable partners and entities to follow the latest developments and information on the organization easily and conveniently.

Al Zarooni commended the results of the second meeting of the World FZO, emphasizing the importance of enhancing the exchange of knowledge, experiences, and best practices among free zones.

The World FZO is a multinational organization with a mandate to protect the interests of special economic zones worldwide. It was launched last year and is headquartered in Dubai.

TAGS: United Arab Emirates | tax | tax incentives | interest | tax breaks | trade | Dubai | free trade zone | services

To see today's news, click here.

Leave a comment

Read our Posting Guidelines

 






Close

Password Reminder

Please enter your email address to receive a password reminder.

 






Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Tax-News+ Updates

Receive FREE daily updates from Tax-News.com, straight to your inbox. Register Now!

For a tailored solution, choose to receive selected news updates for your preferred jurisdictions and topics, with our enhanced Tax-News+ subscriber service. Read more...

 

Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »