Alat Free Economic Zone (AFEZ)
Alat Free Economic Zone (AFEZ) is a Free Zone located in Alat (Garadagh District, near Baku), Azerbaijan, established in 2018, with Ministry of Economy / Azerbaijan Investment Company listed as its governing authority.
Key Facts
| Type | Free Zone |
|---|---|
| Location | Alat (Garadagh District, near Baku), Azerbaijan |
| Year Established | 2018 |
| Companies | 675 |
| Governing Authority | Ministry of Economy / Azerbaijan Investment Company |
| Status | operational |
Recorded Benefits and Incentives
Alat Free Economic Zone offers corporate tax exemption, duty-free imports, and no VAT on goods and services. It also provides simplified customs procedures and land lease incentives for investors.
Verify eligibility and current terms with the zone authority.
About Alat Free Economic Zone (AFEZ)
The Alat Free Economic Zone (AFEZ) is a modern logistics and industrial hub strategically located near the Alat Port, connecting East-West and North-South trade routes. It aims to attract foreign investment in high-value-added manufacturing, logistics, and services sectors. The zone provides a robust legal and regulatory framework separate from the rest of Azerbaijan.
Frequently Asked Questions
What type of zone is Alat Free Economic Zone (AFEZ)?
Alat Free Economic Zone (AFEZ) is a Free Zone.
Where is Alat Free Economic Zone (AFEZ) located?
Alat Free Economic Zone (AFEZ) is located in Alat (Garadagh District, near Baku), Azerbaijan.
When was Alat Free Economic Zone (AFEZ) established?
Alat Free Economic Zone (AFEZ) was established in 2018.
Which governing authority is listed for Alat Free Economic Zone (AFEZ)?
SEZ Explorer records Ministry of Economy / Azerbaijan Investment Company as the governing authority for Alat Free Economic Zone (AFEZ). Confirm its current jurisdiction and remit with the authority.
Which benefits and incentives are recorded for Alat Free Economic Zone (AFEZ)?
SEZ Explorer's current record lists: Alat Free Economic Zone offers corporate tax exemption, duty-free imports, and no VAT on goods and services. It also provides simplified customs procedures and land lease incentives for investors. Verify eligibility and current terms with the zone authority.