Free Economic Zones

Free Economic Zones provide significant benefits for entrepreneurs that export the products, manufactured by them (Law on Free Economic Zones No. 440-XV of July 27, 2001). There are 7 FEZ, created in the republic, where 162 resident enterprises were registered in 2012. The total amount investments in the development of FEZ for the entire period of their operation made up 145.9 mln. US dollars, of which 15.5 mln. US dollars in 2011. Tax and customs regimes, similar to the regime of the free economic zone also provides for Giurgiulesti International Free Port and Free International Airport “Marculesti”.

The condition for the activity as a FEZ resident is the industrial production of export-oriented goods and thereto related services, for which the resident has the right to use production and technical infrastructure of FEZ and a wide range of tax benefits: exemption from VAT and excise duties, exemption from customs duties, an incentive of 50 % of the income tax rate established in the Republic of Moldova, etc.

More information about the Free Economic Zones can be found here