1. Geographical location
FEZ "Mogilev" is situated in northeast of Republic of Belarus, in Mogilev city – the third largest republic industrial, scientific and cultural center.
It was founded by the Decree of the President of Republic of Belarus No.66 from 31.01.2002 with the term of functioning within 30 years.
2. Goals and objectives of FEZ "Mogilev"
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Attraction of national and foreign investments for development of export oriented production.
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Provision of favorable conditions for national economic basic adjustment
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Effective usage of existing production facilities.
3. Structure of FEZ "Mogilev"
FEZ "Mogilev" is a complex zone including production, export and free customs areas.
The total area is 242,71 hectares.
It has a point principle of territory location, that allows reaching the maximum provision of zone territories with engineering services having sufficient supply of generating capacities.
There are vacant production and storage areas of machine building, civil and woodworking industry enterprises, motor transport on the territory of FEZ "Mogilev". Scientific and production base and availability of professional people allow ensuring the production of new types of products in a short period of time.
4. Main legal acts, regulating the activity of FEZ "Mogilev"
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Law No.213-3 of Republic of Belarus "About free economic zones" dated 07.12.1998
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Decree of the President of Republic of Belarus "About the establishment of Free Economic Zone "Mogilev", No.66 dated 31.01.2002.
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Regulation of Republic of Belarus Council of Ministry No.445 dated 08.04.2002 " About ratification of regulations concerning Free Economic Zone "Mogilev and its Administration".
5. Tax remissions
Tax remissions allow the resident of FEZ "Mogilev" to reduce the amount of tax payment up to 40 % of the amount of taxes paid in Republic of Belarus.
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The residents of the FEZ pay the profit tax at the rate reduced by 50% of the rate, determined by the legislation of Republic of Belarus.
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The profit, received by the residents of FEZ "Mogilev" from domestic manufacture product sale, is exempt from taxation for the term of 5 years from its announcement.
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Customs duties and taxes are not collected and economic policy measures are not applied with respect to domestic and foreign goods bringing in on the territory of Free Economic Zone "Mogilev".
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Customs duties and taxes are not collected and economic policy measures are not applied with respect to the goods originated on the territory of Free Economic Zone "Mogilev" and exported outside Republic of Belarus.
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Customs duties and taxes are not collected and economic policy measures are not applied with respect to the goods originated on the territory of Free Economic Zone "Mogilev" and belonging to import substituting goods in accordance with the list approved by the Government of Republic of Belarus when they are exported to the rest of the customs territory of Republic of Belarus.
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The residents of FEZ pay a limited amount of taxes.
6. Transport
The branch of RUE "Belaeronavigatsija", founded on the base of Mogilev airport is capable of accepting such airplanes as IL-76, TU-154, and TU-134 etc. There are more than 200 transit airplanes serviced in the branch responsibility area. There are customs and border points organized there.
There is a large railway junction situated in Mogilev. It can dispatch and accept cargo of any type and has storage warehouses. A series of enterprises, situated within the FEZ have the facilities to deliver cargo by railway directly to production areas.
Forwarding companies of Mogilev carry out goods transportation (including heavy and large-sized cargo) on the territory of Republic of Belarus, CIS countries and foreign countries (Germany, Italy, France, Holland etc.)
7. Telecommunication
The residents of the FEZ have the opportunity to use telephone (including mobile), modem and fax communication.
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