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zona franca

[ˈzoːnə ˈfɾɐ̃kə (Portuguese) / ˈsoːna ˈfɾaŋka (Brazilian)]
nounfemininepl: zonas francas
free trade zone
1. A designated geographic area where goods may be imported, stored, handled, manufactured, or reconfigured, and re-exported with minimal customs duties or taxes
The Colon Free Zone is one of the largest free trade zones in the world.
A zona franca de Colón é uma das maiores zonas francas do mundo.
2. An area within a country where business and trade activities are conducted under more liberal economic policies than the rest of the country
Companies operating in the free trade zone enjoy tax incentives.
As empresas que operam na zona franca usufruem de incentivos fiscais.
Synonyms
porto francoárea de livre comérciozona de comércio livre
Antonyms
zona alfandegáriaterritório com tarifas

Regional Variations

General
zona franca
Standard term used across Portuguese-speaking countries
Brazil
zona franca
Commonly used in business and economics contexts
Portugal
zona franca
Standard usage in Portuguese commerce and law

Related Idioms & Phrases

operar em zona franca (to operate in a free trade zone)
benefícios da zona franca (benefits of the free trade zone)
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