Export Processing Zone
An Export Processing payday loans in md Zone EPZ is designated by the President upon recommendation of the Nigeria Export Processing Zones Authority NEPZA. source of foreign earnings besides oil exports. The first Nigerian Free Trade Zone is located in Calabar and dedicated to the oil and gas business of the River Delta. The OKFTZ is the new Free Trade Zone and development of the future.
An EPZ may be operated and managed instant payday network by a public, private or combination entity under the supervision payday loans no credit check and approval of NEPZA.
Export Processing zones are created to promote and stimulate export related business, in a search from the Nigerian Government for an alternative
A list of approved activities is established by the Nepza Act of 1992, n° 63. For these activities extensive tax incentives are provided. Please contact us directly, so we can discuss with you the incentives that apply on your business.
Summary list of approaved activities
- Manufacture goods for export.
- Warehousing, freight forwarding and customs clearance.
- Handling of duty free goods (transhipment, sorting, marketing, packaging etc).
- Banking, stock exchange and other financial services; insurance and re-insurance.
- Import of goods for special services, exhibitions and publicity.
- International Commercial Arbitration Services.
- Activities relating to integrated zones.
- Other deemed appropriate by NEPZA.