Ease of Business (One Stop Processing)

An extra benefit of the site location on a Free Trade Zone is the benefit of one-stop approvals for permits, operating license and incorporation papers as the Free Zone Status gives independent regime on Immigration, Customs, Building Regulation, Security amongst others related issues.

In line with the vision of Presidential Enabling Business Environment Council (PEBEC) implementation order of February 21, 2017 to April 21, 2017, the following areas are noteworthy:

 

Starting A Business: To reduce the number of days required for business registration from 10 days to 2 days.

Getting Electricity: To streamline procedures and improve timelines for businesses to get connected to the grid.

Trading Across Borders: To reduce export and import time by up to 50 per cent.

Entry and Exit of People: Visa processing timeline and Visa on Entry (VOE).