Freeports - An Introduction

Word Document - £100

The government announced that it intended to establish Freeports in Great Britain. 

Freeports are special areas within the UK’s borders where different economic regulations apply. They are centred around one or more air, rail, or seaport, but can extend up to 45km beyond the port(s).

Contents of the letter:

• What is a Freeport
• The customs benefits of operating within Freeport areas
• Which areas have become Freeports
• The tax incentives for businesses operating within the “tax sites” of Freeports

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