Application for CFZ Business Status

(1) Private or public parties seeking CFZ business status shall apply to the CEO of a CFZ and such application shall be in the form of the Third Schedule to these Regulations. Third Schedule. (2) The CEO of a CFZ shall provide application forms to any private or public party seeking CFZ business status. A non- refundable application fee of one thousand dollars (Bz$1,000) will be charged to all applicants. 28 Free Zones (3) In addition to the application fee specified above, each authorized CFZ business shall pay an annual fee of one thousand five hundred dollars, United States currency (US$1,500) for use of the CFZ Regime. Operational Fee. (4) Each CFZ business shall pay an operational fee to the Office of the CEO of a CFZ based on the following scale– (a) For the first seven thousand five hundred square feet (7,500) of commercial, industrial or office space - a fee of twenty-five cents per square foot per annum; (b) For commercial, industrial and office space exceeding seven thousand five hundred square feet a fee of twenty cents per square foot per annum. (5) Each CFZ applicant shall bear the cost of an environmental impact analysis for his proposed business if so required by the Department of the Environment or the CEO of a CFZ. Administrative fees. (6) Each CFZ business shall pay administrative fees for entry permits, exit permits, security, and other fees as may be determined by the CFZMA. (7) Each CFZ business shall pay to the CFZMA a container inspection fee as follows– (a) for a 20 feet container = US$20.00 (b) for a 40 feet container = US$40.00