Lipetsk Special Economic Zone Development slide image

Lipetsk Special Economic Zone Development

. foreign good imported into the SEZ and exported again without being modified. The companies that decide to invest in the SEZ are exempt from paying the inventory tax for 5 years starting from the first inventory. The tax rate on the profit of a company operating in the SEZ after implementing an investment project, that must be paid to the Local Treasury, is reduced for 5 years. • The companies operating in the SEZ are exempt from paying the Corporation Tax for 5 years starting from the moment they have a property right on a lot assigned to company by the SEZ. • The companies working in the SEZ are entitled to apply a special coefficient of amortization on the costs of their equipment and plants. The national laws concerning the tax regime and all decisions about taxes taken by the local authorities that could worsen the tax regime for the company in the SEZ are not applied. The companies operating in the SEZ can be deprived of their status only through a legal procedure. • Regulations concerning urban planning can not be applied to the area of the SEZ. The facilitations granted by the law on "investment support for economic activities in the Lipetsk Region" can not be subject to modifications that could bring disadvantages to the investors during all the time necessary for the Pay-Back after the approval of the company project. 8.The Project on the Special Economic Zone in Kazinka, covering 1,030 hectares in the Lipetsk Region, District of Gryazy, has been worked out by Merloni Progetti in Milano in March 2006 The Project on the Special Economic Zone in Kazinka was presented in March 2006 by the engineering firm Merloni Progetti spa in Milan. Merloni Progetti played the role of Project Management and Main Contractor, assigned by the Lipetsk Region. Two important Firm of Architects in Milan collaborated to the project: the Firm Marco D'Azzo as Architectural Services Coordinator, the Firm Arassociati as Architectural Designer. The Lipetskgrasdanproject Institute in Lipetsk has took part in the different planning steps.
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