Special Economic zones

   

 

 Special Economic zone of Anzali ports

New facilities have been considered in year 1380 for merchants and goods owners to attract more vessels and goods to Anzali port , which are as follows :

A ) Considering discounts of % 60 , % 75 & % 85 for non-oil , CNTR & RO-RO vessels to deduct all in costs related to cargoes entering with the documents of special area. Also consideringfreezone.htm discount of % 50 for handling charges of these vessels.

B ) From now on , all  Iranian  banks will open LC to thefreezone.htm name of special area to offer new facilities to the goods owners and using bank systems better and easier.

Beginning to exploit new wharves, the total number of the Anzali port wharves become 10 that results in increasing the loading and unloading abilities of the same to more than 5 million MT

 

AN INTRODUCTION TO SPECIAL ECONOMIC ZONES

Regions created in the entrance gates or in domestic products , promoting exports , creating stimulus in regional economy , according to Clause “D” of Note 25 of the Second Five - Year Economic , Social and Cultural Development Plan (passed 1993) are called “special economic zones” .

Special economic zones have been created in most of the developing countries for meeting the following objectives :

a) Promotion of exports and services

b) Accelerating trend of attracting foreign investments

c) Transferring state -of -the -art technology to Iran

d) Creating new job opportunities

e) Enhancing specialty and efficiency of work force

f) Declining import costs

 

Specifications of Special Economic Zones 

  • Import of cargo through these zones , without any customs taxes or commercial gain percentage

  • Customs exemption for exporting cargoes manufactured in the region to Iranian markets per value added of the cargo

  • Transit and re-export of the cargo

  • Availability of partnership and domestic and foreign investment

  • Full guarantee for foreign investments and related interests (according to the law on attracting foreign investments)

  • Absolute freedom in capital export-import . It should be noted that the ports of Shahid Rajaee , Khorramshahr , Bushehr , Anzali and Amirabad are considered as the special economic zones according to ratification of 1993 of the Cabinet of Ministers .

 

Some Advantages of the Special Economic Zones in Commercial and Industrial Sectors     

  • Easy and fast access of the domestic manufacturing units to raw materials and delivery of cargo in the zone at the shortest time possible .

  • Transferring imported cargoes to the region to the domestic and foreign customers at intervals in various tonnage

  • No time - limit for cargo stop in the zones

  • No import - export limitations for cargoes in these zones as well as the cargo values in hard currency .

  • Cargo transit to other customs departments of the country

  • Re-export of cargoes from these zones to neighboring countries

  • Processing and changing cargo packages imported to the region , and exporting these cargoes without concluding hard currency contract and any additional formalities per resulting value added

  • Exporting raw material and semi-finished cargoes from across the country to these zones for processing , finishing and exporting them after acquiring value added and without concluding any hard currency contracts

  • Attracting domestic and foreign investors

  • Creating competition toward promoting and developing domestic industries and upgrading quality of domestically manufactured cargoes

 

List of Some Available Facilities in Special Economic Zones 

  • Keeping and taking care of cargoes on trust

  • Importing cargoes from abroad with minimal customs formalities

  • Processing cargoes for acquiring value added

  • Cargo clearance from the zone to inside the country , observing export-import rules and regulations

  • Exporting imported cargoes to the zone from foreign countries or from other free trade - industrial zones across the country without any sort of formalities .

  • Transferring parts of region to real and legal entities , after classification and pricing by the management of the zone

  • Sending all or part of imported cargoes in the country by cargo owners permanently or temporarily after passing related customs procedures

  • Exemption from commercial gain in the case for manufacturing purposes or offering services .

 

Some Advantages of Iranian Special Economic Zones Bushehr Special Economic Zone

  • The closest special economic zone to the main agricultural , industrial and crowded centers of nearby provinces

  • Processing roper loading and discharging equipment in the harbor site and dock yard

  • International airport with daily flights to main cities and to United Arab Emirates

  • Shipping lines to the Persian Gulf countries including Kuwait , Qatar , in the field of carrying cargoes and passengers

  • Ship - building industries in the region

  • Issuing the separated warehouse fee transactable by the zone management

  • Domestic and foreign investments facilities  

 

Shahid Rajaee Special Economic Zone

  • Importing cargo in to the zone without customs duties and trade profit tax

  • Customs duty exemption for in the zone processed cargo (to the extent of its value added) entering the country

  • Exporting cargo with no formalities , possibility of transit transshipment and re-export of cargo direct access to CIS countries , Far East , Russia and Northern Europe through road and railway  

  • Domestic and foreign investment

  • Moving the capital in to and our of the zone

  • Special and competitive discount in port and marine charges

 

Anzali Special Economic Zone

  • Export promotion and active presence in regional in regional and international markets

  • Attracting capital for creating manufacturing units

  • Transferring state-of-the-art technology to the country

  • Accelerating infrastructure affairs and developing the region

  • Creating job opportunities and increasing expertise of manpower

  • Developing transport networks

  • Eliminating customs regulations for speeding cargo imports

  • Extending cargo stop time-limit in the zones

 

Khorramshahr Special Economic Zone

  • 30 percent discount on trade profit tax , nearest port to population , industrial and agricultural centers

  • Suitable geographical situation , easy access to railway , roads and airlines

  • Modern loading and unloading equipment

  • Over 34,000 sq.m. of transit warehouses

  • Installation and maintenance services

  • Passenger terminal