Shkodra free zone

authority in the economic and judicial aspect to promote the
attraction of new investments, enhance trade exchanges, provide
export opportunities and activate the multiplying financial
components of the Off Shore capitals (borrowed or obtained straight
from the foreign market). The economic policy of the free zone has
been accepted as successful from the experience of all the developed
countries. Therefore, the accomplishment of our desired aims is
totally dependent on the efficient implementation of the mechanics of
this economic strategy. Free zones in these countries are approved
by
the Ministry of Finance. The
Government specifies the area, sends
the
proposal to the minister who, after approving it, publishes the
decision in the legal newspapers,
etc.
The aim of free zones creation is closely related with the
interest of transforming back warded regions (of various widths) into
developed centres of tourism, trade, industry, exports and finance.
Giving the "free zone" status to the city of Shkodra shortly means
free circulation
of money and goods without any form of
govern ment, direct taxation (duty-free and tax-free) and access to the
area for the foreigners will be given without the need of visas. As
a
free trade and industrial zone all the goods produced in this area are
designed for export. Such zones treated as "extra territories" and
attract huge foreign investments.
The advantages of the free zone
- Delay of repayment and removal of tariffs.
In this framework, we mean the imported goods stored within
the free zone, before they are delivered to their destination and
the removal of tariffs for the goods which will be exported later.
This has encouraged
the businessmen to build warehouses and
huge store-units to store goods within these zones. Although the
retail
is prohibited in a free zone, the businessmen
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