ExecuJet base in Lagos (Nigeria) granted free trade zone status
1 minuto Aviation company ExecuJet announced on Monday that its maintenance, repair and overhaul (MRO) facility in Lagos, Nigeria, had been designated a free trade zone (FTZ) by the Nigerian authorities. As a result, parts and services supplied by ExecuJet to its customers in Nigeria’s commercial capital will now be exempt from value added tax (VAT) and customs dues. The company further announced that these savings will be passed on to its customers. This should result in savings of 10% to 15% or even Continue lendo→