Regional
FZE Full Form - What is Full Form of FZE?
Full Form: | Free Zone Establishment |
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Category: | Regional |
Sub Category: | Regional Terms |
What is Meaning of FZE?
FZE full form Free Zone Establishment.
What is Free Zone Establishment?
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.[1] The World Trade Organization (WTO) Agreement on Subsidies and Countervailing Measures (SCM) has content on the conditions and benefits of free zones.[2]