fbpx
One on one with the Mayor of Belmopan
March 9, 2021
International Women’s Day-  Fyffes commits to reinforce gender equality
March 9, 2021

Local businesses concerned about Free Trade Zone in Chetumal

  • 85
  •  
  •  
  • 1
  •  
  •  
  •  
  •  
  •  
    86
    Shares

Posted: Tuesday, March 9, 2021. 9:01 am CST.

By BBN Staff: Local businesses in Chetumal are concerned about the Free Trade Zone in Chetumal, Mexico.

BNAmericas reports that just 2 months after the launch of the free trade zone, local businesses have expressed concern that only about 10% of businesses are able to benefit.

The businesses operating in the zone will receive tax breaks and pay lower customs.

Mexican President, Andres Manuel Lopez Obrador, created the zone and tax program for 22 communities in Quintana Roo, Campeche, Tabasco and Chiapas via decree in November.

In Chetumal, businesses would be exempt from import and customs taxes.

In addition, the group Coparmex in Chetumal shared that only retail chains and convenience stores may benefit.

But, the presidential decree listed that companies in the manufacturing industry, agricultural collectives, and more are eligible.

Comments

 

Аdvеrtіѕе wіth thе most visited news site in Веlіzе ~ Wе оffеr fullу сuѕtоmіzаblе аnd flехіblе dіgіtаl mаrkеtіng расkаgеѕ. Yоur соntеnt іѕ dеlіvеrеd іnѕtаntlу tо thоuѕаndѕ оf uѕеrѕ іn Веlіzе аnd аbrоаd! Соntасt uѕ аt marketing@breakingbelizenews.com оr саll uѕ аt 501-601-0315.

 

© 2021, BreakingBelizeNews.com. This article is the copyrighted property of Breaking Belize News. Written permission must be obtained before reprint in online or print media. REPRINTING CONTENT WITHOUT PERMISSION AND/OR PAYMENT IS THEFT AND PUNISHABLE BY LAW.

  • Galen University
  • larry waight
  • Galen University