Africa Free Zones Organization

Africa Free Zones Organization is rated 3 out of 5 in the category international trade and development. Read and write reviews about Africa Free Zones Organization. The Africa Free Zones Organization is an association aims to promote better collaboration between African free zones in the different fields related to zone development including economic, social, tax, knowledge and experiences. OBJECTIVES * Placing a structure that gather all African free zones * Develop and promote all African free zones * Encourage and promote dialog and exchanges between ZFE members * Promote and support African free zones development and growth to capitalize association members experiences * Serve as instrument to promote ZFE and it actions in Africa * Help ZFE members to reinforce their promotion capacity * Enlighten association members about all aspect on ZFE management FAQ Question 1 : What is exactly the role of free zone authority ? * Managing, developing, administrating active zones: developing acquisition landed, Realizing development work * Commercialization: Promote/sell/rent for private investors * Zone management: in and out flow management * One stop shop (Administrate Authorization, Permit ...) Question 2: What type of customs regime free zones use ? * Exemption of import taxes and others * Proceeding simplification Question 3 : What is the tax regime inside free zones ? Attractive taxation : * Exemption from registration taxes * Exemption from patent tax for a period of 15 years * Exemption from urban taxes for a period of 15 years * Corporate taxes exemption for the first 5 years, the taxes at 8.75%rate for the following years * VAT exemption for goods. Question 4 : What is the exchange regime inside Free Zones ? Transfer or convert Dirham are not restricted. Free zone’s not subjected to any trade change or exchange.