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LAW OF THE REPUBLIC OF MOLDOVA

of February 19, 1998 No. 1529-XIII

About the free enterprise zone "Production Tarakliya park

(as amended on 31-07-2024)

The parliament adopts this law.

Article 1. General provisions

(1) In the territory subordinated to primeriya of the city of Tarakliya, the free enterprise zone "The production Tarakliya park (further - free zone is created) for the term of 37 years.

(2) For creation and functioning of free zone the parcel of land of 36 hectares is transferred to use of its Administration.

(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 Tarakliya 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

(1) the Physical persons or legal entities registered as resident of free zone till December 31, 2023, having the right to perform till January 1, 2034 types of activity in the customs regime regulated by the Law on free enterprise zones No. 440/2001.

(2) the Tax benefits on the income tax provided to the physical persons or legal entities registered as resident of free zone till December 31, 2023 are established according to the procedure, stipulated in Article 49 Tax codes No. 1163/1997.

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 Tarakliya 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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