NEWS AND EVENTS
February 25, 2014
SPECIAL INDUSTRIAL ZONE \"ANGREN\"
Privileges and Preferences for foreign direct investments in SIZ \"Angren\"
The resident of special industrial zone \"Angren\" ( SIZ \"Angren\") are exempted from the payment of:
income tax, property tax for legal entities, the tax on improvement and development of social infrastructure, the single tax for small businesses, as well as mandatory contributions to the Republican Road Fund;
customs duties (except customs duties) on the equipment, components and materials not produced in the country, imported into the territory of SIZ \"Angren\" in the implementation of projects on the lists approved by the Cabinet of Ministers.
The above exemptions are granted for a period of 3 to 7 years depending on the amount of investments made, including the equivalent of:
from 300 thousand U.S. dollars to U.S. $ 3 million - for a period of 3 years;
More than U.S. $ 3 million to 10 million U.S. dollars - a period of 5 years;
More than 10 million U.S. dollars - for 7 years.