Special regulations of privileged taxation (with less taxation items, tax rates reduced) and customs regimes are provided for the FEZ residents. The legal basis for the national free economic zone activity is provided by the following legislative acts: |
1. |
Law of the Republic of Belarus No.213-З On Free Economic Zones, of 7 December, 1998; |
2. |
Edict of the President of Republic of Belarus No. 114 On Free Economic Zones on the Territory of the Republic of Belarus, of 20 March, 1996; |
3. |
Decree of the Council of Ministers of the Republic of Belarus No.1415 On the Concepts of Setting (Special-Regime) Free Economic Zones on the Territory of the Republic of Belarus, of 23 October 1997, |
and the Investment Code of the Republic of Belarus adopted on 22 June 2001. |