What are the legal obligations of Freeport Licensees?
Legal obligations of Freeport licensees are given in the following pieces of legislations: The Freeport Act 2004; The Freeport Regulations 2005; Freeport trading companies i.e private Freeport developers and Freeport operators, are required to maintain a full and true written record of every transaction done by the Freeport licensee, including all commercial documents related to the said transaction and a copy of the entry made (Electronic Customs Declaration) for the entry or removal of goods in a Freeport zone. Such records mentioned above should be kept for a period of at least 5 years and be made available on demand to the Authority in line with section 20(4) of the Act. The Freeport Regulations 2005 sets out operating procedures for licensees in the Mauritius Freeport.
