← belizelaw.ai · Commercial Free Zone Regulations, Cap. 278s07
Criteria for Site Designation
Commercial Free Zone Regulations, reg. 4 · Revised Edition 2020
(1) Before the CFZMA issues a CFZ site designation it shall verify thatFree Zones 27
(a) the location of the area intended for designation as a CFZ site is appropriate for the purposes of a commercial free zone;
(b) the location and the planned activity would not contravene regulations on environmental protection; and
(c) water, electricity, telephone, security, a customs office, and other basic services are provided for.
(2) The CFZMA shall determine all applications for CFZ site designation within thirty working days after all the necessary information has been provided and the fees paid in full.
(3) The CFZMA shall give preference to applications where the proposed CFZ will generate more jobs or will be located in an area designated by the CFZMA as being in most need of development.
(4) Where the CFZMA grants site designation, it shall issue a formal certificate in the form of the Second Schedule to these Regulations.
(5) A CFZ Developer whose site has been designated a CFZ shall be eligible for all incentives provided in the Act for a CFZ
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