New Investment Law to Offer Guaranteed 7-Year Stable Tax System to Foreign Investments

New Investment Law to Offer Guaranteed 7-Year Stable Tax System to Foreign Investments

A new investment law to be tabled to Parliament soon will focus on tax-exemptions, preserving direct support to special investment categories and offering incentives to relocation to less-developed regions, Economy ministry sources told ANA-MPA on Monday.
The guidelines of the new legislation will be: supporting existing and creating new export-orientated, innovative enterprises, boosting employment and particularly skilled personnel, strengthening cooperation through supporting cooperative groups, social economy enterprises, mergers and clusters, and supporting regions with lower development dynamism.
The new law will emphasize on tax-exemptions and subsidizing leasing.
The new investment legislation is currently finalized and will be tabled to Parliament within the next few days.


Previous Next
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using

These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.

These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.

These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.