The Commercial Free Zone Act OF 1994 has established a Commercial Free Zone (CFZ) at Corozal to attract foreign investment. The Free Zone Act is one of the most advanced and modern laws governing Free Zones. It allows business entrepreneurs incredible Tax Free business opportunities.
Merchandize warehoused in a Commercial Free Zone may be sold wholesale or retail:
The Commercial Free Zone sits at the South Eastern border with Mexico. Currently, businesses in the zone are manufacturing, importing, exporting, distributing fuel, retailing and offering various services to Mexicans and international clients.