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PLYMOUTH FREE ZONE

THE NEW SOUTH WEST FREEPORT IN PLYMOUTH IS A FANTASTIC OPPORTUNITY FOR LOCAL BUSINESS. LET’S WORK TOGETHER TO MAKE THIS GOOD NEWS FOR EVERYONE IN OUR CITY AND AROUND.

Our aim here at "Plym Freeport" is to keep you up-to-date with events as they unfold, and share the most important information as we find it.

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WHAT IS A FREEPORT?

From the UK Government’s Freeport Consultation, February 2020 "Freeports are secure customs zones located at ports where business can be carried out inside a country’s land border, but where different customs rules apply. "They can reduce administrative burdens and tariffs controls, provide relief from duties and import taxes, and ease tax and planning regulations. "Typically, goods brought into a Freeport do not attract a requirement to pay duties until they leave the Freeport and enter the domestic market – and no duty at all is payable if they are re-exported. "If raw materials are brought into a Freeport from overseas and processed into a final good before entering the domestic market, then duties will be paid on the final good. "Freeports may also offer simplifications to the normal customs administrative processes on imported goods."

Featured Article: Plymouth freeport appo...

The Plymouth and South Devon freeport has appointed an interim chief executive to guide the public-private partnership project over the next six months. Richard May, who is head of Oceansgate and marine investment for Plymouth City Council, will take up the role on August 1. The Plymouth and South Devon Freeport is one of only […]

Feature Article: Ambitious plan to turn ...

Plymouth's waterfront contains the ferry port, marinas, fish quay, dockyard and commercial areas

  Interesting article on plymouthherald.co.uk Ambitions to unleash Plymouth’s full potential as a major international port are to be set out in a new strategy announced by the city council’s leader. Tory supremo Cllr Richard Bingley said the strategy will explore how Plymouth can maximise the combined potential of its four statutory ports. These support […]

Feature Article: Plymouth set for marine...

Richard Bingley, Conservative leader of Plymouth City Council

  Interesting article on plymouthherald.co.uk Plymouth’s forthcoming freeport and new marine industry initiatives will create an employment boom for the city with thousands of job opportunities, the city’s new Tory administration predicts. The Plymouth and South Devon Freeport, Smart Sound Plymouth, the Ocean Futures innovation support programme and the Plymouth Sound National Marine Park will […]

Feature Article: Port of Plymouth sets n...

plymouth port

Interesting article on plymouthherald.co.uk A new record for the single largest tonnage ever moved in a day within the Cattewater for the Port of Plymouth has been set. The record set on May 3, 2022, included an export cargo shipment of over 8000 tons leaving the port aboard Norwegian flagged MV Wilson North for Rotterdam. […]

Update on The National Marine Park & Fre

National Marine Park Freeport with Plymouth Marine Network

Date and Time Tuesday May 10, 2022 4:00 PM – 6:00 PM BST Tuesday 10th May @ 4pm Location National Marine Aquarium, Rope Walk, Coxside, Plymouth PL4 0LF Fees/Admission Free for all! Plymouth Marine Network and Devon & Plymouth Chamber of Commerce wanted to combine efforts to ensure their members who are interested in the […]

Feature Article: Devon freeport edges cl...

Plymouth is to get a Freeport Robert Pittman/Creative Commons)

Interesting article on radioexe.co.uk The creation of the south west’s only freeport is set to take another step forward this week as one of the local authorities involved considers the full business case. At a special executive meeting of the South Hams District Council on Thursday councillors are expected to agree plans to fully participate […]

Feature Article: South Hams back Plymout...

Aerial view of the Langage Power Station and Langage Energy Park site

Interesting article in Plymouthherald.co.uk Freeports are special areas where normal tax and customs rules do not apply. Imports can enter with simplified customs documentation and without paying tariffs. South Hams District Council has agreed to take a full part in the Plymouth and South Devon Freeport, despite one member saying such initiatives “stink.” At a […]

Feature Article: Plymouth freeport busin...

3_Plymouth-from-Devils-Point-1

  Interesting article in Plymouthherald.co.uk A full business case for Plymouth’s tax-break freeport is due to be submitted to the Government in April explaining how it aims to create 3,500 jobs and pump £400m into the region’s economy. The Plymouth and South Devon freeport is expected to provide thousands of direct jobs across Plymouth, Devon […]

Feature Article: Plymouth leaps into top...

A Princess Yachts V50 model. The firm, with more than 3,000 workers, is among the most significant manufacturing employers in Plymouth (Image: Matt Gilley)

Interesting article in Business-live.co.uk Plymouth had leapt into the list of the UK’s 10 most important manufacturing powerhouses for the first time. The city has been ranked at number nine for cities with the highest concentration of people working in manufacturing. Britain’s Ocean City is not only the largest manufacturing base in the South of […]

Feature Article: Levelling up the South ...

Photograph from Pixabay

  Interesting article in the Ivybridge & South Brent Gazette Council leaders have welcomed Government backing for a Devon, Plymouth and Torbay County Deal aimed at delivering on key economic and social priorities for the area. The announcement by Levelling Up Secretary Michael Gove commits the Government to working with a strong partnership of councils […]