Business updates

Operators in the Freeport are informed that following the amendments brought through the Finance (Miscellaneous) Act 2018, warehousing of goods entering the Freeport as from Monday 1^st October 2018 will be for a maximum period of 24 months.

Those goods who have entered the freeport on or before 30^th September 2018 will be for a maximum warehousing period of 42 months.

The above measure is applicable since 1^st October 2018.

A copy of the communiqué from MRA Customs can be accessed by clicking here.