What is another word for free zone?

Pronunciation: [fɹˈiː zˈə͡ʊn] (IPA)

Free zones are special economic areas that provide attractive business incentives to investors and entrepreneurs, which are exempt from certain taxes and regulations. However, there are several other terms for a free zone that are used interchangeably in different regions, such as special economic zones, export processing zones, foreign trade zones, and enterprise zones. Although the specific requirements and regulations vary slightly for each type of free zone, they all aim to promote international trade by enabling businesses to operate with minimal bureaucracy and obstacles. Moreover, these zones provide significant cost and tax savings for businesses, making them a highly desirable location for entrepreneurs and investors alike.

Synonyms for Free zone:

What are the hypernyms for Free zone?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Famous quotes with Free zone

  • As far as a nuclear weapons-free zone, you know, when the lion lies down with the lamb, and you don't need a new lamb every day to satisfy the lion, then we might have this kind of transformation in the Middle East.
    Benjamin Netanyahu
  • Furthermore, the Latin American nuclear-weapon free zone which is now nearing completion has become in several respects an example which, notwithstanding the different characteristics of each region, is rich in inspiration.
    Alfonso G. Robles
  • Now the Disney Corporation could do this because that culture lived in a commons, an intellectual commons, a cultural commons, where people could freely take and build. It was a lawyer-free zone. It was culture, which you didn't need the permission of someone else to take and build upon. That was the character of creativity at the birth of the last century. It was built upon a constitutional requirement that protection be for limited times, and it was originally limited. Fourteen years, if the author lived, then 28, then in 1831 it went to 42, then in 1909 it went to 56, and then magically, starting in 1962, look — no hands, the term expands. Eleven times in the last 40 years it has been extended for existing works — not just for new works that are going to be created, but existing works. The most recent is the Sonny Bono copyright term extension act.
    Lawrence Lessig
  • In previous conditions, extreme states came under the jurisdiction of the arts... People substituted writing (fiction) for what was once spiritual life, poetry (chaotic words) for actual ecstasies. Art constitutes a minor free zone outside action, paying for its freedom by giving up the real world. A heavy price!
    Georges Bataille

Word of the Day

Organomercury Compounds
Organomercury compounds are a type of chemical that can be harmful to humans and the environment. However, their antonyms, such as organic compounds or non-toxic compounds, are les...