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Hungary - Miscellaneous - 09/04/10
(Sep 4, 2010)
Hungary - Miscellaneous -  09/04/10 Civil Code. The new Civil Code provisions, which should have come into effect on 1 May ... Read more
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JOB DEMAND The ongoing development of the international economic scenes on which our organisation operates and the constant growth in business of the Pasut Group inevitably means a search for additional experts on international taxation with a degree in economics ... Read more
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Free Zone Investments

 

 

 

 

 

Head
Nicola Aspesi

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The Duty-Free Zones represent today a new opportunity for the business man who really aims to take advantage from the Globalization process struggling meanwhile against the heavy economic crisis.
In fact, nowadays the Business Enterprise is forced to rearrange the production process if willing to remain competitive inside the market or it must anyway produce with very low costs and avoid in this way the unavoidable.
An extraordinary solution is to product within the Duty-Free Zones as many big Groups already did.
The Duty-Free Zones are well known also as Extra-Customs Zones. Such areas precisely authorized by the community of Sovereign States, they are geographically limited and inside them is possible to enjoy tax and duty concessions concerning the production activity therein performed.
Usually inside these areas import custom duties are not due, the incomes therein realized are not chargeable with VAT and is possible to enjoy specific reduction or exemption regarding taxes. The labor’s cost is also very low. The bureaucratic procedures regarding productive units are easier than elsewhere and the custom procedures concerning import-export activities are fast and simple.
The Duty-Free Zones were precisely thought and realized in order to attract investments and create employment inside areas with a low economic development.
The Duty-Free Zones should not neither be confused with the off-shore zones nor with fiscal paradises.
The Pasut Group is able to support your company in every single step of your settling, management and coordination process through its offices located only few hours from here within the main Duty-Free Zones of the Western scene.

 
 
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