Free zones are specific areas located within different countries where businesses operate under different tax laws separate from the rest of the country. Companies who are doing their business within free zones are usually taxed very lightly or not at all.
Today, such areas are developed globally and they are located around seaports, airports or areas with strong strategic placement with an excellent connection to major roads, railways, ports or even between regions.
These days, there are hundreds of global free zones. The below infographic highlights a few of these regions.
Infographic by Market Inspector.