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LAW OF THE REPUBLIC OF MOLDOVA

of February 19, 1998 No. 1527-XIII

About the free enterprise zone "Production Valkanesh park

(as amended on 16-12-2020)

The parliament adopts this law.

Article 1. General provisions

(1) the free enterprise zone "Production Valkanesh park" (further – free zone Is created) for the term of 37 years.

(2) free zone are included:

a) the parcel of land Ploshchad 43,9912 of hectare, cadastral number 9603300003, located in the city of Vulkenesht on Ulitsa Korolenko, 6;

b) the parcel of land Ploshchad 9,3282 of hectare, cadastral number 9603311131, located in the city of Vulkenesht on Ulitsa Korolenko, 4;

c) the parcel of land Ploshchad 53,9295 of hectare located near the railway station Vulkenesht;

d) the parcel of land Ploshchad 50,3 of hectare, cadastral number 9601238042, Comrat located in municipium;

d-1) the parcel of land Ploshchad 0,9655 of hectare, cadastral number 9601205151, Comrat located in municipium on Ulitsa Buzina, 2, and also the structure located on it Ploshchad 3732,2 of m 2, cadastral number 9601205151.01;

e) the parcel of land Ploshchad 41,9578 of hectare, cadastral number 9602227003, Chadyr-Lunga located in municipium.

(3) Borders and configuration of free zone are specified in cadastral plans of these territories constituted according to the cadastral legislation and this law.

(4) the Rights and obligations of Administration of free zone as the land user are regulated by the land legislation.

Article 2. Management of free zone

(1) For management of free zone the Government forms the state body which is referred to as with Administration, having the status of the legal entity and operating on the principles of self-financing.

(2) the Structure, functions and amount of powers of Administration are established by the Law on free enterprise zones and Regulations on the free enterprise zone "The production Valkanesh park, the approved Government.

Article 3. Activities in free zone

The procedure for selection of residents, the permitted types of activity, the customs, tax, currency, visa and registration modes, employment relationships and social protection in free zone are established by the Law on free enterprise zones.

Article 4. Termination of activities of free zone

(1) the Free zone stops the activities after functioning term.

(2) After the termination of activities of free zone physical persons and legal entities - the former residents can continue the business activity in accordance with general practice, stipulated by the legislation the Republic of Moldova on the corresponding timepoint.

Article 5. Guarantees in case of change of the legislation

In case of adoption of the new legal acts leading to deterioration in conditions of activities of residents of free zone regarding the customs and tax modes provided by this law, residents have the right within ten years from the date of entry into force of these legal acts to be guided by the legislation of the Republic of Moldova existing on the date of their registration in the Production park.

Article 6. Transitional and final provisions

(1) Before transition of the Russian Federation and the Republic of Belarus to tax regime to value added and excises by the principle of the destination the goods, works and services coming from the Russian Federation and the Republic of Belarus, exported from the Production park on customs area of the Republic of Moldova are not assessed with the value added tax. Goods (products), the works and services happening from the territory of the Republic of Moldova and exported through the Production park to the Russian Federation and the Republic of Belarus are assessed with the value added tax and excises by the principle of the place of origin.

(2) to the Government in two-month time:

- appoint the chief manager of free zone;

- approve Regulations on the free enterprise zone "The production Valkanesh park.

(3) This law becomes effective from the date of publication.

 

Chairman of the parliament

Dumitra Motspan

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info

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