Free economic zones (FEZ), free economic territories (FETs) or free zones (FZ) are a class of special economic zone (SEZ) designated by the trade and commerce administrations of various countries. The term is used to designate areas in which companies are taxed very lightly or not at all to encourage economic activity. The taxation rules are determined by each country. The World Trade Organization (WTO) Agreement on Subsidies and Countervailing Measures (SCM) has content on the conditions and benefits of free zones.
Some special economic zones are called free ports. Sometimes they have historically been endowed with favorable customs regulations such as the free port of Trieste. In recent years the free port system has been accused of facilitating international art crime, allowing stolen artworks to remain undetected in storage for decades.
According to the 1999 Revised Kyoto Convention, a "'free zone' means a part of the territory of a contracting party where any goods introduced are generally regarded, insofar as import duties and taxes are concerned, as being outside the customs territory."
An early type of special economic zone was free ports, these historically were endowed with favorable customs regulations such as the free port of Trieste. In modern times free port has come to mean a specific type of special economic zone, for example LADOL.
General Pico Free Zone
Provincia de Tierra del Fuego, Antártida e Islas del Atlántico Sur
Spitalle
Koplik
Vlore
Gyumri
Bangladesh Export Processing Zone Authority
Brest FEZ
FEZ Mogilev
FEZ Vitebsk
Free Economic Zone of Manaus, Manaus
Burgas
Rousse
Plovdiv
Dragoman
Vidin
Svilengrad
Iquique
Punta Arenas
Hong Kong
Pearl River Delta
Port Said Public Free Zone
Alexandria Public Free Zone
Nasr City Public Free Zone
Suez Public Free Zone
Ismailia Public Free Zone
Damietta Public Free Zone
Media Public Free Zone
Shebin El- Kom Public Free Zone
Qeft Public Free Zone
Port Said East Port Public Free Zone
Poti, Samegrelo region
Tema, Free Zone Enclave
Sricity Multi Product SEZ, Andhra Pradesh
SEEPZ, India
MARG Swarnabhoomi SEZs for Engineering and Multi Services, Tamil Nadu
Inspira Pharma & Renewable Energy Park, Aurangabad, Maharashtra
Kish
Aras Free Zone
Anzali Free Zone
Arvand Free Zone
Chabahar Free Zone
Gheshm Free Zone
Maku Free Zone
Imam Khomeini Airport City Free Zone
Sulaymaniyah Free Zone
Erice
Gela
Crotone
Rossano
Lamezia Terme
Matera
Taranto
Lecce
Andria
Naples
Torre Annunziata
Mondragone
Campobasso
Velletri
Sora
Pescara
Massa Carrara
Ventimiglia
Republic of Ireland
Shannon Free Zone
Korean Free Economic Zones
Busan-Jinhae Free Economic Zone
Daegu-Gyeongbuk Free Economic Zone
Gwangyang Bay Area Free Economic Zone
Incheon Free Economic Zone
Yellow Sea Free Economic Zone
Saemanguem-Gunsan Free Economic Zone
East Coast Free Economic Zone
Chungbuk Free Economic Zone
Liepāja Special Economic Zone
Rēzekne Special Economic Zone
Rīga Freeport Economic Zone
Ventspils High Technology Park
Marijampolė Free Economic Zone
Kaunas Free Economic Zone
Klaipėda Free Economic Zone
Panevėžys Free Economic Zone
Centenary Economic City
LADOL Free Zone
Nigeria International Commerce city
Free Economic Zone Skopje 1
Free Economic Zone Skopje 2
Free Economic Zone Stip
Free Economic Zone Tetovo
Port Klang Free Zone
Entrepreneurship Free Zone Expo-Business-Chişinău
Entrepreneurship Free Zone "Tvardiţa"
Entrepreneurship Free Zone "Taraclia"
Entrepreneurship Free Zone "Valkaneş"
Entrepreneurship Free Zone "Otaci-Business"
FEZ "Bălți"
Subzone Straseni CAAN
FEZ "Ungheni-Business"
FEZ Aeroportul Liber Internaţional Mărculeşti
FEZ International Free Port Giurgiulești
Tsagaan Nuur Free Economic Zone
Altanbulag Free Trade Zone
Zamyn-Uud Free Economic Zone
Export Processing Zone of Tangier
Free Zones at Tanger Med Ksar el Majaz Mellousa 1 and 2
Free Zone in Dakhla and Laayoune
Free Storage Zone of hydrocarbons: Kebdana and Nador
Export Processing Zone in Kenitra
Svalbard
Knowledge Oasis Muscat
Sohar Port and Free Zone
Salalah Free Zone
Al-Mazunah Free Zone
Special Economic Zone Duqm
Tacna Free Economic Zone (Zona Franca de Tacna, in Spanish)
Qatar has free zones and Special Economic Zones with differing laws on taxation and corporate ownership
Qatar Science & Technology Park
Qatar Financial Centre
Manateq Special Economic Zones Ras Bufontas
Um Alhoul
Al Karaana
In Russia there are only Special Economic Zones
Technical/Innovational Zones
Dubna
Zelenograd (Moscow)
Saint Petersburg
Tomsk
Industrial/developmental Zones
Alabuga Special Economic Zone
Lipetsk
Tourist Zones
Krasnodar Krai
Stavropol Krai
Kaliningrad Oblast (Yantar, Kaliningrad Special Economic Zone)
Altai Krai
Altai Republic
Irkutsk Oblast
Buryatia
Vladivostok
Free Zone Pirot Slobodna zona Pirot
Ibiza
Sughd Free Economic Zone
Panj Free Economic Zone
Dangara Free Economic Zone
Ishkoshim Free Economic Zone
See List of free zones of Turkey
Mary-Baýramaly
Okarem-Hazar
Turkmenabat-Seidi
Bakharden-Serdar
Ashgabat-Annau
Ashgabat-Bezmein
Serakhs
Guneshli
Ashgabat International Airport
Dashoguz Airport
Autonomous Republic of Crimea
Quarantine Pier of Odessa trade sea port, January 1, 2000, for 25 years
Ukraine and EU Free Trade Agreement
Ajman Free Zone
Dubai Academic City
Dubai Airport Free Zone
Dubai Internet City
Dubai Media City
Dubai Multi Commodities Centre
Dubai Knowledge Village
Dubai Healthcare City
Dubai International Financial Center
Dubai Science Park
Dubai Outsource Zone
Dubai Silicon Oasis
Dubai Studio City
International Media and Production Zone
Jebel Ali Free Zone
twofour54 Abu Dhabi
Fujairah Free Zone
Fujairah Creative City
Ras Al Khaimah Free Trade Zone
London Docklands
Bristol Suburbs
Foreign-trade zones of the United States
Aden Free Zone