« NUKUS-FARM » The Free Economic Zone (FEZ) Created privileges, Eligibility criteria and conditions for FEZ Participants
We invite investors to carry out their own projects in Nukus-Farm Free Economic Zone.
Free economic zone « Nukus-farm » The « Nukus-Farm » was established in accordance with the Decree of the President of the Republic of Uzbekistan dated May 3, 2017, № PD -5032. « Nukus-Farm » FEZ Total area – 14 hectares. Distance: The closest to the highway – 0,2 км The most prestigious railway station close interval distance – 0,2 км To airport – 8 км
Infrastructure Customs Car roads Railway Power supply infrastructure IP Telephony and Water supply Sewerage Gas supply Internet
List of healing plants in Nukus city and districts. 1. Amarantus albus. 16. Salix alba 2.Amarantus paniculatus. 17. Rosa cinnamomea. 3. Peganum harmala. 18. Ribes nigrum 4. Cichorium intybus. 19. Petroselinum crispum. 5. Oenothera biennis. 20. Armoracia rusticana 6 Althaea officinalis. 21. Helianthus tuberosus 7. Humulus lupulus. 22. Polygonum aviculare. 8. Apium graveolens. 23. Taraxacum officinale. 9. Mentha piperita. 24. Asparagus officinalis 10. Symphitum asperum Lepech. 25. Glycyrrhiza glabra 11. Plantago major. 26. Melissa officinalis 12. Amorpha frucitosa 27. Convolhus arvenis 13. Physalis alkekengi 28. Plantago lanceolate 14. Utrica diodica. 29. Tagetes patula 15. Mentha asiatica Boriss.
I. Tax, customs, banking, currency and settlement benefits Establishment of the « Nukus-Farm » FEZ of the President of the Republic of Uzbekistan Additional from the Decree of the President of the Republic of Uzbekistan, May 5, 2017, PD-5032 3. Note: The term of operation of the « Nukus-Farm » FEZ is 30 years with the possibility of further extension. 14. "Asakabank" and other commercial banks: co-financing of ongoing projects, allocation of loans through attracted foreign credit lines ; Providing leasing technology equipment to initiators in case of insufficient or inadequate collateral provision..
I. Tax, customs, banking, currency and settlement benefits Establishment of the “Nukus - Farm” FEZ of the President of the Republic of Uzbekistan Additional from the Decree of the President of the Republic of Uzbekistan, May 5, 2017, PD-5032 15. Provide the “Nukus - Farm” FEZ territory, as well as the production areas of their participants with the appropriate external engineering-communication and road- transport infrastructure . 20. The payment for collection (accumulation) of plants included in the list of wild- growing plants in the production of pharmaceutical products is determined by the fact that payments made to wild-growing plants (except naked flames) In the amount of 50 percent.
I. Tax, customs, banking, currency and settlement benefits Extract from the Decree of the President of the Republic of Uzbekistan "On Additional Measures to Activate and Expand FEZ Activity" of October 26, 2016 PD-4853 3. FEZ participants are exempted from: Mandatory allocation to the Fund for the Development of Material and technical base of educational and medical institutions property tax of income land tax legal entities tax Republican Road Fund mandatory deductions single tax for micro improvement and The customs fees for imported equipment, raw firms and small social infrastructure materials and component parts for own businesses development tax production needs
I. Tax, customs, banking, currency and settlement benefits Extract from the Decree of the President of the Republic of Uzbekistan "On Additional Measures to Activate and Expand FEZ Activity" of October 26, 2016 PD-4853 4. It should be noted that the privileges provided for in paragraph 3 of the Decree stipulate that from 3 to 10 years depending on the volume of investments Investments in the amount of $ 300,000 up to $ 3 million - for a period of 3 years; Investments of $ 3 million to US $ 5 million - for a period of 5 years; Investments of $ 5 million to $ 10 million - for a period of 7 years; Investment of US $ 10 million or more will be extended for a period of 10 years using the income tax and single tax rates of 50 percent less than current rates in the last 5 years.
I. Tax, customs, banking, currency and settlement benefits Extract from the Decree of the President of the Republic of Uzbekistan "On Additional Measures to Activate and Expand FEZ Activity" of October 26, 2016 PD-4853 5. Participants in Free economic zones: Free customs areas (except for customs clearance fees) for raw materials, components and components imported for the production of export-oriented goods during the free economic zones; Making and paying in foreign currency in accordance with agreements concluded between participants within the framework of free economic zones; They have the right to use the forms of payments acceptable to the goods supplied by other economic entities of the Republic of Uzbekistan for foreign currency, export and import goods.
II. Free economic zone and status of its participant Resolution of the Cabinet of Ministers of the Republic of Uzbekistan dated January 16, 2018 "On Measures for Implementation of the Resolution of the President of the Republic of Uzbekistan" On Additional Measures to Increase the Efficiency of Free Economic Zones and Small-Scale Zones "No. PD- 3356 of October 25, 2017“ ( Annex 1 to the Decree "On the Free Economic Zones ” ) 2. FEZ Investing Agreement - an agreement between the Directorate and the investor (s) determining the rights, obligations and responsibilities of the parties; FEZ Participant of economic activity - is a business entity registered in the established order in the territory of the FEZ and included by the Directorate in the register of FEZ actors.
II. Free economic zone and status of its participant Resolution of the Cabinet of Ministers of the Republic of Uzbekistan dated January 16, 2018 "On Measures for Implementation of the Resolution of the President of the Republic of Uzbekistan" On Additional Measures to Increase the Efficiency of FEZ and Small-Scale Zones "No. PD-3356 of October 25, 2017" decision taken ( Annex 1 to the Decree "On the Free Economic Zones ” ) 15. A certificate issued to a FEZ participant is a certification of his right to apply a particular tax regime and customs privileges in the territory of the FEZ. 18. Participation of FEZ participants in the Republic of Uzbekistan outside the territory of the FEZ is prohibited.
III. Requirements for the projects, documents to be submitted, selection of projects and registration of participants Resolution of the Cabinet of Ministers of the Republic of Uzbekistan dated January 16, 2018 "On Measures for Implementation of the Resolution of the President of the Republic of Uzbekistan" On Additional Measures to Increase the Efficiency of FEZ and Small-Scale Zones "No. PD-3356 of October 25, 2017" decision taken 4. In the territory of investment projects in the FEZ, the following are mandatory criteria: - organization of import-substituting, hi-tech production in accordance with the established parameters for localization projects; - the volume of exports should be at least 20% in the second year of production and at least 30% in the third and following years; - Creating new jobs, as defined by administrative councils, including the establishment of a 10% quota for unemployed people to be employed by the Federation of Trade Unions Federation; - to fill in with staff of the Republic of Uzbekistan at least 95 per cent of the total number of staff involved in the staff of the newly established organization, to provide them with the opportunity to gain experience and training.
III. Requirements for the projects, documents to be submitted, selection of projects and registration of participants Resolution of the Cabinet of Ministers of the Republic of Uzbekistan dated January 16, 2018 "On Measures for Implementation of the Resolution of the President of the Republic of Uzbekistan" On Additional Measures to Increase the Efficiency of FEZ and Small-Scale Zones "No. PD-3356 of October 25, 2017" decision taken 6. The investor submits to the FEZ Directorate a completed investment application for placement of an investment project in the territory of the FEZ in accordance with the form of Annex 2 to this Regulation. The following will be added to your investment application: а) information on registration of a legal entity (investor) or another document certifying the activity of the investor; б) Business plan of the proposed investment project; в) confirming that the investor has work experience in implementing relevant and / or similar projects. д) information on the financial and economic activity of the investor for the last three years.
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