Law No.9/2000 - Regulations of law No.9 -
Bylaw of Establishing companies and setting up branches offices of companies

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Law No. 9/2000 Concerning Regulation of Transit Goods & Free Zones

People's Congress General

Executing what has been decided by the basic People's Congresses in their ordinary session for the year 1999.

And

Reference to:

- Law No.10/1959 for Free Zones.
- Law No.38/1968 for exportation.
- Law No.65/1970 for Traders and trading companies and their supervision and the amendments
  thereof.
- Law No.64/1971 for importation,
- Law No.67/1972 for customs and amendments thereof.
- Law No.21/1985 for institution of ports company .
- Law No.12/1989 for exempting the Arabic originated products from customs duties.
- Law No9/1992 for exempting Arabic originated goods from importing restrictions stipulated in law No.
  64/1971.
- Law No. 1/1993 for banks, cash and credit.
- Law No. 5/1997 for encouragement of foreign investment.
- Law No1/2000 for regulation of People's Congresses and People's Committees has drawn up the
  following Law 

Article (1)

Definitions
In the application of this law, unless the context otherwise requires, the following wordsshall have the meanings assigned to each:
Transit Goods: The goods entered GSPLAJ through the customs access to be taken out through
                            another customs access.
Transit Enterpriser: Any natural or juridical entity undertaking the responsibility of transit goods
                                      transportation .
The Authority: The authority legally authorized
The Administration: The Administration of free zone .
Investor or Utilizer: Any natural or juridical entity authorized to invest in Free Zones or to utilize any
                                     facility, offering any service performing any job or activity therein
Investment or Utilization:Establishment of any industrial commercial or service project or performing
                                             any job or activity in the free zone.
Project: Plants, offices, stores, warehouses, utilities, sale galleries, equipment, supplies, transport and
               communication means and all establishments and other materials in free zone required for
               investment or utilizations .

Article (2)

Free Zone shall be established by resolution from People's Committee General in any part of GSPLAJ, Such resolution shall clearly stipulate the sites and boundaries of zones. Free zone shall mean the zones free of taxes. Customs, commercial monetary and other restrictions which shall be announced to all interested in investing therein or utilizing the same for achieving the purposes of Free Zone.
There may be established special free zone for the purpose of setting up certain project or utilization of a specific body or performing a specified activity in which some or all privileges specified for investors and utilizers may be granted within the scope of the purpose of free zone.
Free zone might have a sea port, airport or boundary port of entry in whole or in part provided that such facilities are free zones exclusive.
The detailed stipulations of this article application shall be regulated in the
implementing regulations of the law . 

Article (3)

The establishment of free zones aims at encouragement of transit goods different manufacturing and processing operations which change the nature of goods or prepare them according to the trading and market requirements, offerring the banking, insurance, investing and other services of whatever kind and transfer of know-how and technology and promoting the same in a free area in a way supporting and benefiting the national economy in GSPLAJ and contributing in development of commercial, goods and service
exchange leading to create advanced industrial and service basis. The license given to the investors and to the utilizers of these areas shall mainly aim at attaining mutual interest for national economy and the investor or utilizer and at opening horizons of work , training and employment for national personnel in projects and services of the free zones and attaining the investment returns of establishments located within such zones.