Many countries have special zones, known as free economic zones. These zones represent a part of the state territories where commercial and industrial activities are carried out in accordance with special laws and regulations.
In such zones, preferences and benefits typically operate, which contribute to the development of business and investments. Enterprises operating in free economic zones are usually exempt from certain taxes, have a simple registration procedure, and more favorable trading rules.
An important aspect of free economic zones is their ability to attract foreign investments and contribute to the creation of new jobs. This allows countries to stimulate economic growth and the development of national industries.
**Quote:** "Free economic zones play an important role in attracting investments and fostering business development in the country," noted the expert.
