※ Characteristics of Economic Special Zones by Type

Trade & Logistics

Combined Type Manufacturing/Processing Type Business Type
Type
Free Port Free Trade Zone Special Economic Export Information Financial Service
Zone Processing Processing Zone Zone
Zone

Geogra- Whole Warehouse

Whole A part of city,
administrative areas Industrial A part of city,
phical autonomous district or
near port & complexes district or zone
jurisdiction zone
districts airport
Features
Trade center, Deregulation Offshore
Designa-
Development & Developme financing &
Promotion of Development
tion of private nt insurance,
trade & information
various investment of export Development
Objective imports processing
economic in industry of
s basis specific field securities
Imported Capital
Duty All trade,
materials goods,
industry, Substantial
Exemptio Consumption for Selective Capital goods
amount
storage & production
n products
re-export factors
Data
Warehouse, processing,
Trade, Light
Loading & Development
Main Service, industry, Financial
unloading, Industry of
Industry, Manufac- services
Activities Packing, software,
Finance turing
distribution computer
graphic
continued..
1
 ※ Characteristics of Economic Special Zones by Type

Trade & Logistics

Combined Type Type Manufacturing/Processing Type Business Type
Export
Free Port Free Trade Zone Special Economic Processing Information Financial Service
Zone Processing Zone Zone
Zone
Exemption
Corporate
or
tax Tax
reduction
reduction, exemption,
Simplification of
Labor Guarantee of
of income
secrecy,
foundation, tax
Locals & deregulation Locals & Deregulation
Incentive Minimization Deregulati
foreigners , foreigners of
of on,
Deregulation currency
taxation & Exemption
of exchange &
regulation of
foreign capital
foreign
currency movement
currency
control
control
Free inside
the
Un-limited
district, Small
Domestic during Strictly Partially Partially
Imposition of amount
Sales payment of restricted allowed allowed
duty outside allowed
duties
of
district
Special Ireland,
Hong Kong, Dubai,
Source: Kim,Singapore
et al. (2014) p.620. economic Taiwan, Labuan
Examples Panama, DMC in Seoul
zones Dominica, (Malaysia)
Bahamas Miami
in China Mauritius 2