{"id":1119,"date":"2022-12-09T21:04:18","date_gmt":"2022-12-09T21:04:18","guid":{"rendered":"https:\/\/euroly.org\/?post_type=member&#038;p=1119"},"modified":"2022-12-10T10:54:32","modified_gmt":"2022-12-10T10:54:32","slug":"misurata-free-zone","status":"publish","type":"member","link":"https:\/\/euroly.org\/member\/misurata-free-zone\/","title":{"rendered":"Misurata Free Zone"},"content":{"rendered":"\n<p>With over 350,000 containers handled annually, Misrata Free Zone is the largest seaport in Libya and a nerve center for businesses worldwide. Located in the country\u2019s third largest city, the free zone offers many advantages for businesses, including:<\/p>\n\n\n\n<ul>\n<li>0% personal or corporate income taxes<\/li>\n\n\n\n<li>0% Customs duties or import\/export taxes<\/li>\n\n\n\n<li>0% value-added tax<\/li>\n\n\n\n<li>100% capital and profit repatriation allowance<\/li>\n\n\n\n<li>No restrictions on recruiting labour<\/li>\n\n\n\n<li>Reliable &amp; inexpensive power<\/li>\n\n\n\n<li>Possibility of transferring ownership<\/li>\n\n\n\n<li>No restrictions on cargo traffic<\/li>\n<\/ul>\n\n\n\n<p>Furthermore, power is reliable and affordable, and land is widely available. Ground rents were $2.50 per sq metre for commercial and service sector companies, while rent for industrial firms stood at $1.50 per sq metre annually. Business licences are competitively priced and the minimum deposit to operate is $100,000 per company. <\/p>\n\n\n\n<p>These favourable conditions have helped attract many international businesses to the trade zone, including: <\/p>\n\n\n\n<ul>\n<li>Toyota <\/li>\n\n\n\n<li>Nissan<\/li>\n\n\n\n<li>Al Naseem\u00a0<\/li>\n\n\n\n<li>Albayrak Group<\/li>\n\n\n\n<li>Medserv Energy<\/li>\n\n\n\n<li>Brega Petroleum Marketing Company<\/li>\n<\/ul>\n\n\n\n<p>As a result, the Free Zone has become the most important hub for trade and investment in Libya.<\/p>\n","protected":false},"featured_media":1120,"parent":0,"menu_order":0,"template":"","sectors":[123],"acf":[],"_links":{"self":[{"href":"https:\/\/euroly.org\/wp-json\/wp\/v2\/members\/1119"}],"collection":[{"href":"https:\/\/euroly.org\/wp-json\/wp\/v2\/members"}],"about":[{"href":"https:\/\/euroly.org\/wp-json\/wp\/v2\/types\/member"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/euroly.org\/wp-json\/wp\/v2\/media\/1120"}],"wp:attachment":[{"href":"https:\/\/euroly.org\/wp-json\/wp\/v2\/media?parent=1119"}],"wp:term":[{"taxonomy":"sector","embeddable":true,"href":"https:\/\/euroly.org\/wp-json\/wp\/v2\/sectors?post=1119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}