A is a zoned area within which operators and businesses can access tax benefits and other incentives.
Green Freeport objectives
- Promoting regeneration and high-quality job creation.
- Promoting decarbonisation and a just transition to a net zero economy.
- Establishing hubs for global trade and investment.
- Fostering an innovative environment.
The is one of two Green Freeports in Scotland. It spans a 45 kilometre wide site in the that encompasses , , and .
Within the Forth Green Freeport, there are three "tax sites"
- Mid-Forth ( and )
and four "customs sites"
- Mid-Forth ( and )
The tax sites were formally designated on .
Benefits and incentives for businesses
Businesses investing in the tax sites can potentially access the following tax benefits
Businesses investing in the custom sites can access incentives such as
- duty suspension
- duty flexibility
- duty exemption for re-exports
- simplified import declarations
Find out more about the on their website.