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This 3 page Document was uploaded by an elite notetaker on Tuesday December 22, 2015. The Document belongs to a course at a university taught by a professor in Fall. Since its upload, it has received 7 views.
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Date Created: 12/22/15
Duty Free Zone Trinidad Invest You Money at Duty Free Zone Trinidad & Tobago Those who are into business are aware of what duty free zones are and what their significance is. Duty free zones are special zones or you can say the countries which do not impose any kind of taxes. The products, goods and raw materials can be imported and exported without imposing any kind of duty. This concept of free trade zones come into existence when people stopped taking interest in international investments as they complained about too much taxes and duties over the goods. This affected the economy of developing countries and hence, many countries announced no taxes or duties over the foreign investment. You must have heard about duty free zone Trinidad & Tobago which are one of the most happening regions of foreign investment. These places have excellent resources and man power that there are so many international investors who invest their money in Trinidad & Tobago. This concept of investing money into establishing new businesses has increased a lot after the imposition of duties and taxes have been cancelled. Trinidad & Tobago is in so many ways whether it is about man power, skilled labor, resources or land. This has helped several businesses to see an excellent growth in their businesses. Moreover, business investment from foreign has created several job opportunities for the local people. So, you can say that there are so many benefits of this kind of investment to both the parties. If you have any kind of confusion in selecting the right field for investing your hard earned money, then you should take the assistance of consultants who are always there to help you out.
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