International Trade & Development - Famagusta, ,
PortISBI Famagusta Free Port and Zone is located on a governmentally designated area of 103.000 m² in Famagusta, the most important port city of the country, in Turkish Republic of Northern Cyprus. Having an ideal location at the crossroads of east-west and north-south navigation routes in the Mediterranean Sea, in close proximity to the main ports in the region, PortISBI is a logistics, production and warehousing base. Companies enjoy various industrial and commercial incentives and business-friendly regulations at PortISBI, some of which are: 100% Corporate/Income tax exemption for all companies operating at PortISBI 100% VAT exemption 100% Customs duties exemptions 100% Foreign company ownership Free transfer of profits
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