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Pilot free trade zones: Taking reform and opening-up to new heights

Pilot free trade zones: Taking reform and opening-up to new heights

6 minutos Forty years ago, China began to set up special economic zones in Shenzhen, Zhuhai, Shantou, and Xiamen, as “testing grounds” for China’s reform and “windows” for its opening-up. At the Boao Forum for Asia Annual Conference in 2018, Chinese President Xi Jinping pointed out that opening-up was key to China’s economic growth over the past four decades, and in the same vein, high-quality development of China’s economy in the future can only be achieved with greater openness. Since the 18th National Congress Continue lendo

Special Economic Zones: An Ignored Economic Solution

Special Economic Zones: An Ignored Economic Solution

4 minutos Developing nations wish to be the USA or the China of tomorrow but it needs planning and strategy. Economic development and growth are the targets and funding is needed. Public-Private sector combined growth drive is needed to achieve such targets, and one of the strategy is the use of Special Economic Zones (SEZ). These are regions within a country that have economic laws more liberal than that country’s typical economic laws. They have been used for decades by developing countries to attract Continue lendo

Tax Benefits of a Special Economic Zone – South Africa

Tax Benefits of a Special Economic Zone – South Africa

menos de 1 minuto In his State of the Nation address, President Ramaphosa announced that South Africa would be looking into the possibility of creating more special economic zones. A special economic zone is a distinct demarcated area that has been earmarked for economic development and which provides tax incentives to attract investment to the area. The tax incentives are available to certain types of companies operating within that special economic zone (SEZ). The main tax benefit available to a qualifying company within a Continue lendo

Prefeito Paulo Piau tenta mais prazo para ZPE e descarta abandono de projeto

Prefeito Paulo Piau tenta mais prazo para ZPE e descarta abandono de projeto

3 minutos Prefeitura tenta nova prorrogação do prazo para implantação de infraestrutura básica em área destinada à ZPE (Zona de Processamento de Exportação). A informação é do prefeito Paulo Piau (MDB), justificando que a medida é necessária para dar tempo para o Congresso Nacional definir as mudanças referentes às exigências para instalação de empresas na ZPE.  A data-limite para realização das obras de infraestrutura na ZPE em Uberaba já foi estendida duas vezes pelo governo federal. O prazo agora vence em junho deste ano, Continue lendo