If an entity's application to become an Free Trade Zone (FTZ) operator is rejected, or there is no entity applying to become an FTZ operator, will Singapore Customs have an issue finding suitable entities to take up this role?
Entities interested in managing an Free Trade Zone (FTZ) will apply to be the operator of that FTZ. An FTZ can only exist if there is a commercial need and an FTZ operator to manage it. If no entity wishes to manage an FTZ, the FTZ will be de-gazetted as an FTZ.
Related questions
If my company's application for the Free Trade Zone (FTZ) Operator Licence has been rejected, can I appeal against Singapore Customs' decision?
If my company's Free Trade Zone (FTZ) Operator Licence has expired while the licence renewal has not been approved, can my company continue with its operations while waiting for Singapore Customs' assessment?
Pertaining to the responsibility of the licensed Free Trade Zone (FTZ) Operator to submit information, what is the kind of information required to be submitted to Singapore Customs?
What is the Free Trade Zone (FTZ) Operator Licence used for?
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