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Tangier Free Zone
Tangier Exportation Free Zone is a free economic zone located south of Tangier, Morocco Morocco (),, ) officially the Kingdom of Morocco, is the westernmost country in the Maghreb region of North Africa. It overlooks the Mediterranean Sea to the north and the Atlantic Ocean to the west, and has land borders with Algeria to A .... The zone has an area of 3.45 km². It is managed by Tangier Free Zone (TFZ). References External links TFZ official website''Tangier the new Dubai''- ''WebWire.com'' ''Tanger Free Zone (TFZ): La Future Vision''Tanger Free Zone (TFZ): La Future Vision Tangier Business in Morocco Special economic zones {{TangerTetouanAlHoceima-geo-stub ...
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Free Port
Free economic zones (FEZ), free economic territories (FETs) or free zones (FZ) are a class of special economic zone (SEZ) designated by the trade and commerce administrations of various countries. The term is used to designate areas in which companies are taxed very lightly or not at all to encourage economic activity. The taxation rules and duties are determined by each country. The World Trade Organization (WTO) Agreement on Subsidies and Countervailing Measures (SCM) has content on the conditions and benefits of free zones. Some special economic zones are called free ports. Sometimes they have historically been endowed with favorable customs regulations, such as the free port of Trieste. As the United Kingdom was proposing the creation of ten free ports after leaving the European Union in early 2020, the EU was clamping down on 82 free zones after finding that their special status had aided the financing of terrorism, money laundering and organised crime. Definition Th ...
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Tangier
Tangier ( ; ; ar, طنجة, Ṭanja) is a city in northwestern Morocco. It is on the Moroccan coast at the western entrance to the Strait of Gibraltar, where the Mediterranean Sea meets the Atlantic Ocean off Cape Spartel. The town is the capital of the Tanger-Tetouan-Al Hoceima region, as well as the Ṭanja-Aẓila Prefecture of Morocco. Many civilisations and cultures have influenced the history of Tangier, starting from before the 10th centuryBCE. Between the period of being a strategic Berber town and then a Phoenician trading centre to Morocco's independence era around the 1950s, Tangier was a nexus for many cultures. In 1923, it was considered as having international status by foreign colonial powers and became a destination for many European and American diplomats, spies, bohemians, writers and businessmen. The city is undergoing rapid development and modernisation. Projects include tourism projects along the bay, a modern business district called Tangier City Cen ...
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Morocco
Morocco (),, ) officially the Kingdom of Morocco, is the westernmost country in the Maghreb region of North Africa. It overlooks the Mediterranean Sea to the north and the Atlantic Ocean to the west, and has land borders with Algeria to Algeria–Morocco border, the east, and the disputed territory of Western Sahara to Morocco–Western Sahara border, the south. Mauritania lies to the south of Western Sahara. Morocco also claims the Spain, Spanish Enclave and exclave, exclaves of Ceuta, Melilla and Peñón de Vélez de la Gomera, and several small Plazas de soberanía, Spanish-controlled islands off its coast. It spans an area of or , with a population of roughly 37 million. Its official and predominant religion is Islam, and the official languages are Arabic and Berber languages, Berber; the Moroccan Arabic, Moroccan dialect of Arabic and French language, French are also widely spoken. Culture of Morocco, Moroccan identity and culture is a mix of Arab culture, Arab, Berbe ...
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Business In Morocco
Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit." Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. If the business acquires debts, the creditors can go after the owner's personal possessions. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business. The term is also often used colloquially (but not by lawyers or by public officials) to refer to a company, such as a corporation or cooperative. Corporations, in contrast with sole proprietors and partnerships, are a separate legal entity and provide limited liability for their owners/members, as well as being subject to corporate tax rates. A corporation is more complicated and ...
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