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A Guide on Germany's Free Trade Zones

Updated on Sunday 28th May 2017

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Guide-Germany-free-trade-zonesThe free-trade zones in Germany are geographic areas were the government authority provides economic incentives to companies operating in the region. Foreign and domestic merchandise can be brought in and sold without being subject to taxation.

Germany`s free trade zones are also called foreign free zones, free ports or bonded warehouses. Given their tax regime, free trade zones attract investments in the German economy. The Community Customs Code regulates the activity within the free trade zones of Germany. A complete guide on Germany`s free trade zones can be provided to you by our German company incorporation specialists.

Free trade zones in Germany


There are five free-trade zones in Germany, operating and regulated under EU law:
•    Bremerhaven;
•    Cuxhaven;
•    Deggendorf;
•    Duisburg;
•    Hamburg.
These zones are situated within ports and process and manufacture value-added products for EU external markets. Both German and foreign companies can do business in these free trade zones. Liberal rules replace the normal customs regime for import and export, promoting economic development and generating more employment. Germany`s free-trade zones offer a broader set of incentives, such as further tax exemptions, simplified administrative procedures and the provision of infrastructure. Our company formation experts in Germany can give you a detailed presentation of the financial advantages of the free trade zones in the country.


Free trade zones typology


Germany`s free trade zones have a fixed perimeter with entry and exit points that are subject to customs supervision. The way in which Community and non-Community goods and merchandise are dealt upon import and export is the main criteria of free trade zones classification. There are two types of free trade zones in Germany:
•    Control type I free zones – they operate like free warehouses and the free zones are not buildings but geographical locations. The zone is protected by walls or fences. The goods fall under the free zone regime and are checked by customs authorities upon entry and exit;
•    Control type II free zones – physical control of goods and merchandise does not take place at entry and exit. The companies operating in the free trade zones have to declare their goods in order to benefit from the different incentives promoted by these areas.


If you want to start a business in a free trade zone, don`t hesitate to contact our company registration specialists in Germany for a personalized offer.
 

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