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FREE ECONOMIC ZONE (FEZ)

FREE ECONOMIC ZONE (FEZ) is a part of the territory of the Republic of Belarus with preferential economic conditions for national or foreign entrepreneurs. Enterprises-residents of FEZ pay 40% less taxes and fees in comparison with other enterprises.

FEZ "MINSK" was established in March 1998 with the aim of attracting domestic and foreign investments, creating and developing production facilities based on new and high technologies, providing favorable conditions for the economic development of Minsk and the Minsk region.

The administration of the FEZ "Minsk" manages the FEZ "Minsk" and is the registering body, working in the mode of full support of the investor to resolve all its issues (in the "one window" mode).

During its activity, the free economic zone Minsk has become the leading industrial center and attracted investments worth more than 2 billion US dollars.

Today we are the most "business-active" free economic zone, out of six existing in the Republic of Belarus. We are also the most favorable place for effective industrial production and business in Belarus.

ADVANTAGES FOR BUSINESS IN FEZ "MINSK"
Among the key advantages of the FEZ "Minsk" is the advantageous geographical location in the city of Minsk, the capital of the Republic of Belarus: maxresdefault.jpg

1. High concentration of the business community, key international representative offices and organizations.
2. The developed network of roads and railways, namely, the territory of Belarus is crossed by 2 trans-European transport corridors: 1) II (West-East) connecting Germany, Poland, Belarus and Russia; 2) IX (North-South) connects Finland, Lithuania, Russia, Belarus, Ukraine, Moldova, Romania, Bulgaria and Greece.
3. National Airport Minsk is the international airport, the largest in terms of traffic volumes on the territory of Belarus.
4. An important factor is the huge and highly qualified human resources. In Minsk there are 32 universities and 33 secondary specialized educational institutions. The average salary for the republic is about 840 rubles, which, in terms of US dollars, is $ 420.
BENEFITS AND ADVANTAGES
As in the whole world, the regime of the free economic zone gives enterprises the opportunity to work in special preferential terms. The regulatory legal framework for the operation of FEZ in the Republic of Belarus provides adequate guarantees to investors. The aggregate of all benefits provides savings of up to 40% of total taxation. With all the benefits and preferences that residents of FEZ receive, you can find here.
FEZ "MINSK": FIGURES AND FACTS
  • at the moment more than 110 residents are registered in the FEZ "Minsk";

  • 39 modern plants were built and reconstructed from the moment of FEZ "Minsk" formation;

  • 12 enterprises are under construction and 12 are at the design stage;

  • companies from 23 countries of the world have invested in business in the territory of the FEZ "Minsk": the main investing countries are Russia, Cyprus, Great Britain, Germany, Estonia, Latvia, USA;

  • 67 countries on different continents import products produced by enterprises-residents of the FEZ "Minsk".
ERRITORY AND PROJECTS OF FEZ "MINSK"
Currently, the total area of the territory of the FEZ "Minsk" is more than 2,500 hectares, which are located on 21 land plots. On the territory of FEZ "Minsk" there are Free production areas that can be leased or sold to investors, as well as there are FREE LAND PLOTS for new construction.
TWO TERMS FOR ENTRY INTO FEZ:
the amount of investment in the implementation of the investment project should be at least 500 thousand euros;
location of production must be within the boundaries of the free economic zone "Minsk".

CONTACTS