of December 7, 1998 No. 213-Z
About free economic zones
Accepted by the House of Representatives on November 11, 1998
Approved by Council of the Republic on November 19, 1998
In this Law the following main terms and their determinations are applied:
the free economic zone - part of the territory of the Republic of Belarus with certain borders within which concerning residents of this free economic zone the special legal regime for implementation of investing and business activity by them is set and is effective;
resident of the free economic zone - the legal entity of the Republic of Belarus or the individual entrepreneur of the Republic of Belarus registered by administration of the free economic zone as resident of the free economic zone according to the procedure, established by the legislation on free economic zones;
special legal regime of the free economic zone - set of the precepts of law providing more favorable, than generally established, conditions for implementation of investing and business activity;
administration of the free economic zone - the governing body of the free economic zone created according to the procedure and form, provided by this Law.
Legal regulation in the sphere of creation, functioning and liquidation of free economic zones is performed according to the legislation on creation, functioning and liquidation of free economic zones (further - the legislation on free economic zones), and also the right of the Eurasian Economic Union and international treaties of the Republic of Belarus which are not constituting the right of the Eurasian Economic Union.
The legislation on free economic zones is based on the Constitution of the Republic of Belarus and consists of this Law, other laws, regulatory legal acts of the President of the Republic of Belarus and other acts of the legislation adopted according to them.
If the international treaty of the Republic of Belarus establishes other rules, than those which contain in this Law then are applied rules of the international treaty.
Free economic zones are created for the purpose of assistance to social and economic development of the Republic of Belarus and separate administrative and territorial units, investment attraction in creation and development of the export-oriented and import-substituting productions based on new and high technologies and (or) in other purposes determined during creation of the free economic zone.
In the Republic of Belarus free economic zones of functional type which is determined by the purposes of creation of the free economic zone and nature of the activities planned in it, and also complex free economic zones for realization of the purposes and implementation of activities peculiar to various functional types of free economic zones can be created.
In free economic zones the activities forbidden in the territory of the Republic of Belarus by legal acts and also the activities forbidden in the territory of free (special, special) economic zones of state members of the Eurasian Economic Union according to international treaties of the Republic of Belarus are not allowed.
The following activities are also forbidden residents of the free economic zone within this free economic zone:
production, storage, realization, repair of weapon, its components and components, ammunition to weapon, destructive devices, and also production, storage, realization of explosives;
production, conversion, storage, neutralization, realization of radioactive and other dangerous materials;
drug trafficking, psychotropic substances, their precursors;
crops, cultivation, conversion, storage, realization of the cultures containing toxic agents;
production of alcoholic beverages, except for champagne, grape wines and beer;
tobacco products manufacture;
production of securities, bank notes and coins, stamps;
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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