Facility & Convenience
FACILITY & CONVENIENCE
Regulations No. 37 Year 2000 section 8 states:
To smoothen the activity of Sabang’s area, Entrepreneurship Body of Sabang’s area is given authority to issue business permits which are needed by the entrepreneurs who are founding and running business in Sabang’s area through the delegation of authority in accordance with prevailing law and regulations.
Facility and Convenience in the Regulations No. 37 Year 2000:
1. Sabang’s area is a place to develop economical business like commercial sector, service, industry, mining and energy, transportation, fishery and maritime, post and telecommunications, banking, insurance, tourism, and other field.
2. Sabang’s area is a Free Trade Zone and a Free Port determined the time-span of 70 years.
3. The Entrepreneurship Body of Sabang’s area is given authority to issue business permits and other permits needed by the entrepreneurs who are founding and running business in Sabang’s area.
4. Sabang’s area is separated from custom house territory that it is free from imposition of import cost, additional value tax, sales tax of luxurious goods and toll.
5. The Entrepreneurship Body of Sabang’s area can arrange sea transport regulations, air transport, goods traffic, port facility and also the tariff determination of all kinds of service.
6. Sabang’s area can accept loan from domestic and abroad.
FLOW CHART FACILITY & CONVENIENCE OF GOODS TRAFFIC.
