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FREE ECONOMIC ZONESIN THE REPUBLIC OF ARMENIA
INFORMATION BULLETININFORMATION BULLETIN
FREE ECONOMIC ZONESIN THE REPUBLIC OF ARMENIA
ИНФОРМАЦИОННЫЙ БЮЛЛЕТЕНЬ
СВОБОДНЫЕ ЭКОНОМИЧЕСКИЕ ЗОНЫ
В РЕСПУБЛИКЕ АРМЕНИЯСВОБОДНЫЕ ЭКОНОМИЧЕСКИЕ ЗОНЫ
В РЕСПУБЛИКЕ АРМЕНИЯИНФОРМАЦИОННЫЙ БЮЛЛЕТЕНЬ
FREE ECONOMIC ZONESIN THE REPUBLIC OF ARMENIA
INFORMATION BULLETIN
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The goal of creation of Free Economic Zones (FEZ) in Armenia is to:
The Law of the Republic of Armenia on “Free Economic Zones” adopted
on May 25, 2011 Streaming regulations: Government decrees on:
Promote Foreign Direct Investments
Develop new and advanced technologies
Generate employment
Increase export from Armenia
Contribute to sustainable economic development
FEZ organizer (Operator) selection and criteria for selection
Permission granting to entrepreneurs (Residents) for operating in FEZ; requirements to and assessment of the resident’s business plan
FEZ borderline technical requirements
Provision of the state services in FEZ through One Stop Shop
Accountability of the FEZ Operator on FEZ operation
THE PURPOSE
FEZ LEGISLATION
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WHO CAN INITIATE FEZ IN ARMENIA?
PARTIES INVOLVED IN FEZ
• GovernmentmakesadecisiontocreateFEZ
• ChoosesanOperatorthroughtheRALawonProcurement
• GovernmentapprovesaninitiativetocreateFEZ
• GovernmentrecognizesthePrivateInitiatorastheFEZOperator
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FEZ RESIDENTHow to Become FEZ resident?
PRIVATE INITIATION PROCESSHow to Become FEZ Operator?
FEZ
• SignContractwiththeGovernment• StarttoOperate
• SubmitapplicationtotheGovernment• Applicationincludesthefollowing:BusinessPlan,DesignPlanforFEZ,FEZDescriptionandPurpose,ServicesListandFees
• GovernmentConsideration• GovernmentDecisiononFEZcreation(ifapplicationapproved)
APPLICATIONBusinessPlanReferencefromtheOperator
SubmitApplicationtotheCommitteeunder
Government
GetPermissionfromGovernment
SignContractwiththeOperator
STEP2
STEP3
STEP1
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HOW THE FEZ RESIDENTS BENEFIT?
PROFIT TAX 0%
0%
0%
0%
0%
VAT
CORPORATE INCOME TAX
CUSTOMS DUTY
PROPERTY TAX
GOVERNMENTWHAT IS THE ROLE OF THE GOVERNMENT?
•Implements state policy on FEZ
•Issues a decree on establishing a FEZ
•Carries out the selection process of FEZ Operator pursuant to RA Law “On Procurement” applying competitive dialogue method
•Accepts applications for establishing FEZ on pri-vate initiative and creates permanent Interagen-cy Committee to evaluate the bids for becoming FEZ Operator and Resident
•The Ministry of Economy on behalf of the Gov-ernment signs an agreement with the selected Operator and controls the execution of the con-tractual obligations
•Makes decisions to grant permissions for becom-ingFEZResident,providespermissioncertificatesand carries out control over the requirements specifiedbytheFEZResidentpermission
• Armenia is a member of the World Trade Organization,
• Free trade agreement with all CIS countries except Uzbekistan and Azerbai-jan, which means 0% cus-toms duty when entering this markets
• Armenia currently enjoys “Generalised system of preferences” of the USA, Canada, Switzerland, Ja-pan and Norway,
• Armenia is enjoying GSP+ trade regime provided by the EU.
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TECHNICAL REQUIREMENTS TO THE FEZ BORDER
• FEZ should be separated from the customs territory of the Republic of Armenia
• FEZ separa-tion from RA customs ter-ritory should be carried out through fenc-ing
• FEZ building or part of the FEZ building from the outside should be illu-minated, cam-eras should be installed to observe the whole territory or part of the building
• If a free eco-nomic zone is established in a building or in several parts of the building, the windows of the building or the windows of that part of the build-ing should be covered with metal fence, in addition the exit and en-trance should be separated and bordered.
ORIENTATION OF THE FREE ECONOMIC ZONE
• Electronics• Precision engineering
• Pharmaceutics and biotechnologies• Information technologies
• Alternative energy• Industrial design
• Telecommunications
At MARS At YCRDI
Production & Exports ofhighandinnovativetechnologiesinthefollowingfields:
Research & Development ofhighandinnovativetechnologiesinthefollowingfields:
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FREE ECONOMIC ZONE MARS
•Export of intellectual production
•R&D center of telecom-munication systems, in-formation maintenance, systems to social and urban safety
•Base for innovation pro-jects and for activity of foreign IT companies
•Localization, implemen-tation, informational maintenance and service of e-government
•Organization of exhibi-tions
•Industrial design cluster
INDUSTRIAL AREA AND OFFICE SPACES PROVIDED BY THE FREE ECONOMIC ZONE
Industrial area - 55.799 sq mOfficespaces-10.908sqm
Maximum price per square meter – 10 USD per month(negotiable)
Officespaces-27.060sqm
Maximum price per square meter – 15 USD per month(negotiable)
At MARS At YCRDI
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FEZ MARS AND PROJECTED NEIGHBORHOOD
CONTACTS
Investment Policy Department,
Ministry of Economy of The Republic of Armenia
Tel:(+374)10597-126/125
E-mail: [email protected]
FREE ECONOMIC ZONES LEGISLATION
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LAW OF THE REPUBLIC OF ARMENIA
Adoptedon25May2011
ON FREE ECONOMIC ZONES
Article 1. Subject matter of the Law
This Law regulates the legal relationships arising during the establishment,organisationandliquidationoffreeeconomiczones.
Article 2. Legislation on free economic zones
1.ThelegislationonfreeeconomiczonesintheRepublicofArmeniacomprisesthisLaw,theCivilCode,lawsregulatingcustomsandtaxrelationshipsandotherlegalactsoftheRepublicofArmenia.2.WhereinternationaltreatiesoftheRepublicofArmeniaprovidefornormsotherthanthoseenvisagedbythisLaw,thenormsoftheinternationaltreatiesshallapply.
Article 3. Concepts used in this Law
MainconceptsusedinthisLaw:(1) “Free economic zone”shallmeanthespecialareadefinedbytheGovernmentof the Republic of Armenia (hereinafter referred to as “the Government”) inaccordance with this Law, which is deemed to be beyond the customs area oftheRepublicofArmeniaandwhereinentrepreneurialactivitiesarecarriedout inaccordancewiththespecificsofthisLaw.Different operational types of free economic zones may be established in theterritoryoftheRepublicofArmenia;(2) “Organiser of a free economic zone” (hereinafter referred to as “theOrganiser”)shallmeanthelegalpersonestablished(founded)bytheGovernmentorselecteduponthedecisionoftheGovernment,withthesoleaimoforganisinga free economic zone that ensures the creation of infrastructures necessary forcarryingoutactivitiesinthefreeeconomiczoneandtherenderingofservices;(3) “Operator of a free economic zone” (hereinafter referred to as “theOperator”) shall mean the commercial legal person, individual entrepreneur ora branch registered in the Republic of Armenia that performs entrepreneurial
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activitiessolelyinthefreeeconomiczoneinaccordancewiththisLaw,aswellastherepresentationofaforeignorganisationholdingarespectiveauthorisationissuedbytheGovernmentandarespectivecontractsignedwiththeOrganiser;(4)“Authorisedbody”shallmeanthestateadministrationbodyauthorisedbytheGovernmentinthefieldofstatepolicyonfreeeconomiczones.
Article 4. Granting authorisation of the Operator and the selection of the Organiser
1. The authorisation of theOperator shall be granted andwithdrawn under theprocedureestablishedbytheGovernment.2.TheauthorisationoftheOperatorshallbeissuedbytheGovernmentfollowingtheevaluationofthebusinessplansubmittedbytheOperator.3. The requirements to the business plan submitted by the Operator and theevaluationprocedurethereofshallbeestablishedbytheGovernment.4.TheOperatorshallreceiveanadditionalauthorisationforcarryingoutactivitiesotherthanthosedefinedbytheauthorisation.5.Incaseofviolationoforfailuretocomplywiththerequirementsdefinedbytheauthorisationgranted inaccordancewithpart1of thisArticle, theauthorisationshallbewithdrawn.6.Theprocedureandcriteria forselectingtheOrganisershallbedefinedbytheGovernment.
Article 5. Establishment of a free economic zone
1.ThefreeeconomiczoneshallbeestablisheduponthedecisionoftheGovernment.2.ThedecisionoftheGovernmentontheestablishmentofafreeeconomiczoneshallinclude:(1)theobjectiveofestablishingafreeeconomiczone;(2)thedescriptionandthebordersofthearea;(3)theoperationaltype;(4)thetypesofactivitiestobecarriedoutbytheOperator;(5)thetimelimitsfortheactivitiesofthefreeeconomiczone;(6)thequalifyingstandardsfortheOrganiserandtheOperator;(7)theinvestmentprogrammefortheestablishmentofafreeeconomiczone;(8)personaldataoftheOrganiser,iftheOrganiserisknowninadvance;(9)othernecessarydataandrequirements.3.IfthefreeeconomiczonefailstostartoperatingwithinoneyearafteradoptingthedecisionoftheGovernmentontheestablishmentofаfreeeconomiczone,thedecisionoftheGovernmentontheestablishmentofafreeeconomiczoneshallberevoked.
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Article 6. Requirements for a free economic zone
1.Thefreeeconomiczoneshouldqualifyforthefollowingrequirements:(1)beequippedwithfacilitiesforbringingincargotransportationmeans,includingrailwaytransport,withaparkingspaceandadeadend;(2)bedemarcatedwithaborderincompliancewiththetechnicalrequirementstotheborderlineapprovedbytheGovernment;(3)beprovidedwiththeconditionsnecessaryforcarryingoutcustomscontrolandcustomsformalitiesbycustomsofficers;(4)havefacilitiesforfreemovementofgoodswithinthefreeeconomiczone;(5)beequippedwithsafety,first-aidandanti-firesystems;(6)haveuninterruptedwater supplyandwastewater collection system,energysupply,gassupply,solidwastedisposalandatleastatelephonelineandinternetasmeansofcommunication;(7)beequippedwithappropriatemeansofcomplyingwithsanitaryandhygienicnorms;(8)haveaquarantineservicearea;(9)beprovidedwithlogisticsequipmentforpreservationofgoodsaswellaswithcommunicationandothermeansnecessaryfortheloading,unloading,transporta-tionandstoragefacilities.2.Therequirementsofpoint1ofpart1ofthisArticlemaybenotcompliedwithwherethefulfilmentthereofisjustifiedtobetechnicallyimpossible.
Article 7. Concluding the contract on organising the free economic zone
1.Theauthorisedbody,onbehalf of theGovernment, shall concludea relevantcontractwiththeOrganiser.2.ThelegalregimedefinedbythelegislationoftheRepublicofArmeniaforthefreeeconomiczoneshallbeappliedfromthedatereferredtointhecontractconcludedbetweentheauthorisedbody,onbehalfoftheGovernment,andtheOrganiser,un-lessanotherdateisdefineduponthedecisionoftheGovernment.3.ThecontractconcludedbetweentheauthorisedbodyandtheOrganisershallbesubjecttopublicationintheofficialwebpageoftheauthorisedbody.
Article 8. Powers of the authorised body
1.Theauthorisedbody: (1)mayrecommendtheGovernmenttomakeamendmentstothecontractonor-ganisationofthefreeeconomiczoneortorescindit;(2)shallexercisecontroloverthecompliancewiththecontractualobligationsoforganisingthefreeeconomiczone;
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(3)shallconductastudyonthecompliancewiththerequirementsdefinedbytheauthorisationoftheOperatorofafreeeconomiczoneand,ifnecessary,furnishtheGovernmentwitharespectiverecommendation;(4)shallrequirereportsfromtheOrganiserontheactivitiesinthefreeeconomiczoneundertheprocedureprovidedforandasprescribedbytheGovernment;(5) shall performother functionsenvisagedby the legislationof theRepublic ofArmenia;(6)shallsubmitaproposaltotheGovernmentonwithdrawaloftheauthorisationgrantedtotheOperator.
Article 9. Obligations of the Organiser
1.TheobligationsoftheOrganisershallbeasfollows:(1) toconstruct,exploit theengineeringconstructionsand infrastructuresof thefreeeconomiczoneasprescribedbythelegislationoftheRepublicofArmeniaaswellastoensuretherequirementsprovidedforbyArticle6ofthisLaw;(2)toconcludeacontractwiththeOperatorshavingreceivedanauthorisationfromtheGovernmentandexercisecontrolovertheimplementationofthecontract;(3)todefinethepeculiaritiesofinternalsafetyrulesofthefreeeconomiczone;(4)toensurethefulfilmentofthequalifyingrequirementsforthefreeeconomiczone,providedforbythisLaw;(5)toensurethefulfilmentofcontractualobligationsconcludedinaccordancewithArticle7ofthisLaw,fortheperformanceofactivitiesinthefreeeconomiczone;(6)tosubmitreportstotheauthorisedbodyontheactivitiesforthepreviousyearinthefreeeconomiczone,asprescribedbytheGovernment;(7)toimplementmeasuresaimedattheinternationalrecognitionofthefreeeco-nomiczoneandtheengagementofOperatorstherein;(8)todefineandpublishtheoperationalrulesofthefreeeconomiczoneandfulfilotherobligationsdefinedbythecontract.
Article 10. Obligations of Operators
1.TheobligationsofOperatorsshallbeasfollows:(1)toconstructintheareaofthefreeeconomiczoneinaccordancewiththeplanapprovedinadvance,byagreeingitwiththeOrganiser;(2)tocomplywiththerequirementsofthelegislationoftheRepublicofArmeniawithregardtopursuingactivitiesinthefreeeconomiczoneandthoseoftheproce-dureforoperationofthefreeeconomiczone;(3)tocomplywiththesafetyrulesofthefreeeconomiczone,therequirementsde-finedbytheauthorisationandtofulfilotherobligationsasdefinedbythecontract.
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Article 11. Restrictions in the free economic zone
1.Thefollowingtypesofactivitiesmaynotbecarriedout inthefreeeconomiczone:(1)productionandtradeofradioactivesubstances;(2)productionandtradeofarms,ammunitionandexplosives;(3) imports, storage, production and trade of narcotic drugs and psychotropicsubstanceswithoutanauthorisationissuedasprescribedbythelegislationoftheRepublicofArmenia.2.Theentryandexitofnaturalpersons,goodsandtransportationmeansintoandoutofthefreeeconomiczonewithoutcustomscontrolshallbeprohibited.3.TheentryandexitofnaturalpersonsandtransportationmeansintoandoutofthefreeeconomiczoneshallbecarriedoutasprescribedbythelegislationoftheRepublicofArmenia.
Article 12. Operation of the free economic zone
1.TheoperationofthefreeeconomiczoneshallbecarriedoutonthebasisofacontractconcludedbetweentheOperatorandtheOrganiser inaccordancewiththeoperationprocedureestablishedbytheOrganiser.2.OthertypesofactivitiesinthefreeeconomiczoneotherthanthosedefinedbythedecisionoftheGovernmentontheestablishmentofafreeeconomiczonemaybecarriedoutonlybylegalpersonsandindividualentrepreneursnotdeemedasOperators.TheactivitiescarriedoutinthefreeeconomiczonebylegalpersonsandindividualentrepreneursnotdeemedasOperatorsshallnotbeconsideredasactivitiescar-riedoutbeyondthecustomsborderoftheRepublicofArmenia.
Article 13. Tax, customs and currency regulation in the free economic zone
1.Thetaxandcustomsrelationshipsinthefreeeconomiczoneshallberegulatedbythetaxandcustoms legislationof theRepublicofArmenia, taking intocon-siderationthattheOperatorsofthefreeeconomiczonearegrantedprivilegesforpayingprofittax,valueaddedtax,propertytax,andcustomsduty.2.PeculiaritiesshallbedefinedbytheLawoftheRepublicofArmenia“Oncurrencyregulationandcurrencycontrol”withregardtothetransactionscarriedoutinthefreeeconomiczoneaswellasthetransactionscarriedoutbetweentheOperatorsandotherentitiesofcivillawrelations.
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Article 11. Restrictions in the free economic zone
1.Thefollowingtypesofactivitiesmaynotbecarriedout inthefreeeconomiczone:(1)productionandtradeofradioactivesubstances;(2)productionandtradeofarms,ammunitionandexplosives;(3) imports, storage, production and trade of narcotic drugs and psychotropicsubstanceswithoutanauthorisationissuedasprescribedbythelegislationoftheRepublicofArmenia.2.Theentryandexitofnaturalpersons,goodsandtransportationmeansintoandoutofthefreeeconomiczonewithoutcustomscontrolshallbeprohibited.3.TheentryandexitofnaturalpersonsandtransportationmeansintoandoutofthefreeeconomiczoneshallbecarriedoutasprescribedbythelegislationoftheRepublicofArmenia.
Article 12. Operation of the free economic zone
1.TheoperationofthefreeeconomiczoneshallbecarriedoutonthebasisofacontractconcludedbetweentheOperatorandtheOrganiser inaccordancewiththeoperationprocedureestablishedbytheOrganiser.2.OthertypesofactivitiesinthefreeeconomiczoneotherthanthosedefinedbythedecisionoftheGovernmentontheestablishmentofafreeeconomiczonemaybecarriedoutonlybylegalpersonsandindividualentrepreneursnotdeemedasOperators.TheactivitiescarriedoutinthefreeeconomiczonebylegalpersonsandindividualentrepreneursnotdeemedasOperatorsshallnotbeconsideredasactivitiescar-riedoutbeyondthecustomsborderoftheRepublicofArmenia.
Article 13. Tax, customs and currency regulation in the free economic zone
1.Thetaxandcustomsrelationshipsinthefreeeconomiczoneshallberegulatedbythetaxandcustoms legislationof theRepublicofArmenia, taking intocon-siderationthattheOperatorsofthefreeeconomiczonearegrantedprivilegesforpayingprofittax,valueaddedtax,propertytax,andcustomsduty.2.PeculiaritiesshallbedefinedbytheLawoftheRepublicofArmenia“Oncurrencyregulationandcurrencycontrol”withregardtothetransactionscarriedoutinthefreeeconomiczoneaswellasthetransactionscarriedoutbetweentheOperatorsandotherentitiesofcivillawrelations.
Article 14. Rendering services and exercising supervision by the State in the free economic zone
1.TheservicesrenderedbytheState inthefreeeconomiczoneshallbe imple-menteduponasimplified(‘onewindow’)principledefinedbytheGovernment.2.Therespectivestatebodiesrenderingstateservicesandexercisingsupervisionmayhavesubdivisionswithintheterritoryofthefreeeconomiczone.
Article 15. Liquidation of the free economic zone
1.Thefreeeconomiczonemaybeliquidated:(1)upon theexpiryof thedefined time limit, in case theGovernmentdoesnotadoptadecisionontheextensionofthetimelimit;(2)early—upon thedecisionof theGovernment—withprior compensationofdamagesincurredbytheOrganiserandtheOperatorsinresultoftheliquidation.2.Theprocessofearlyliquidationasperpoint2ofpart1ofthisArticlemaystartnotearlierthanoneyearafteradoptingthedecisionthereon.
Article 16. Dispute settlement in the free economic zone
1.Thesettlementofdisputeswith regard to theoperationof the freeeconomiczoneshallbecarriedoutasprescribedbythelegislationoftheRepublicofArmenia.2.ThesettlementofdisputesamongtheOperatorsmaybecarriedoutalsothroughinternationalarbitrage.
Article 17. Entry into force of the Law
ThisLawshallenter into forceon the tenthday following thedayof theofficialpromulgation.
PRESIDENTOF THE REPUBLIC OF ARMENIA S. SARGSYAN18June2011YerevanHO-193-N
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LAW OF THE REPUBLIC OF ARMENIAAdopted on 25 May 2011
ON MAKING A SUPPLEMENT TO THE LAW OF THE REPUBLIC OF ARMENIA "ON VALUE ADDED TAX"
Article1.Article15oftheLawoftheRepublicofArmeniaH0-118of14May1997"Onvalueaddedtax"shallbesupplementedwithpoint36whichreadsasfollows:
"(36)provisionofservicestotheOrganiserofthefreeeconomiczoneandtoanopera-toroffreeeconomiczone,supplyofgoodswithintheterritoryoffreeeconomiczone.".
Article2.ThisLawshallenterintoforceonthedayfollowingtheofficialpromulgation.
Presidentof the Republic of Armenia S. SARGSYAN
18June2011YerevanH0-194-N
LAW OF THE REPUBLIC OF ARMENIAAdopted on 25 May 2011
ON MAKING A SUPPLEMENT TO THE LAW OF THE REPUBLIC OF ARMENIA “ON INCOME TAX”
Article1.TheLawoftheRepublicofArmeniaH0-183of27December1997“Onincometax”shallbesupplementedwithArticle11.2whichreadsasfollows:
“Article11.2.IncomereceivedfromoperationofthefreeeconomiczoneWhendeterminingthetaxable incomewhich isduetotaxablepersonsactingasoperatorsofthefreeeconomiczoneestablishedintheterritoryoftheRepublicofArmeniaasprescribedbylaw,thegrossincomegeneratedfortheentireyearshallbedecreasedintheamountoftheincomereceivedfromtheoperationinthefreeeconomiczone.”.
Article2.ThisLawshallenterintoforceonthedayfollowingtheofficialpromulga-tion.
Presidentof the Republic of Armenia S. SARGSYAN
18June2011YerevanH0-195-N
19
LAW OF THE REPUBLIC OF ARMENIAAdopted on 25 May 2011
ON MAKING AN AMENDMENT AND A SUPPLEMENT TO THE LAW OF THE REPUBLIC OF ARMENIA “ON PROFIT TAX”
Article1.Article39.1oftheLawoftheRepublicofArmeniaH0-155of30September1997“Onprofittax”(hereinafterreferredtoas“theLaw”)shallbeamendedasfollows:“TheprofittaxamountofthereportingyearresultingfromtheactivitiesinthefreeeconomiczoneestablishedintheterritoryoftheRepublicofArmeniaandwhichisduetothetaxpayeractingasanoperatorofthefreeeconomiczoneasprescribedbylawshall-fortheperiodofoperatinginthefreeeconomiczone-bereducedby100%.”.
Article2.Thewords“,aswellasfromtheoperatorsofthefreeeconomiczonees-tablishedintheterritoryoftheRepublicofArmenia”shallbeaddedaftertheword“person”inArticle55(2)oftheLaw.
Article3.ThisLawshallenterintoforceonthedayfollowingtheofficialpromulgation.
Presidentof the Republic of Armenia S. SARGSYAN
18June2011YerevanH0-196-N
LAW OF THE REPUBLIC OF ARMENIAAdopted on 25 May 2011
ON MAKING A SUPPLEMENT TO THE LAW OF THE REPUBLIC OF ARMENIA “ON PROPERTY TAX”
Article1.Article15(1)oftheLawoftheRepublicofArmeniaH0-491-Nof26De-cember2002“Onpropertytax”shallbesupplementedwithpoint7whichreadsasfollows:“(7)publicandindustrialbuildingsandconstructionslocatedintheterritoryofthefreeeco-nomiczone,whichbelongtotheoperatorsofthefreeeconomiczoneorareusedthereby.”.
Article2.ThisLawshallenterintoforceonthedayfollowingtheofficialpromulgation.
PresidentOF THE REPUBLIC OF ARMENIA S. SARGSYAN18June2011YerevanH0-197-N
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LAW OF THE REPUBLIC OF ARMENIAAdopted on 25 May 2011
ON MAKING A SUPPLEMENT TO THE LAW OF THE REPUBLIC OF ARMENIA “ON CURRENCY REGULATION AND CURRENCY CONTROL”
Article1.Article6oftheLawoftheRepublicofArmeniaH0-135-Nof24November2004“Oncurrencyregulationandcurrencycontrol”shallbesupplementedwithpoint8whichreadsasfollows:
“8.PricequotesorpaymentsfortransactionscarriedoutinthefreeeconomiczoneestablishedintheterritoryoftheRepublicofArmenia,aswellaspricequotesandnon-cashpaymentsfortransactionscarriedoutbetweenoperatorsofthefreeeco-nomiczoneandlegalpersons(individualentrepreneurs),whichareresidentsoftheRepublicofArmenia,mayalsobeperformedinfreelyconvertibleforeigncurrency.”.
Article2.ThisLawshallenterintoforceonthedayfollowingtheofficialpromulga-tion.
Presidentof the Republic of Armenia S. SARGSYAN
18June2011YerevanH0-198-N
LAW OF THE REPUBLIC OF ARMENIAAdopted on 25 May 2011
ON MAKING AN AMENDMENT TO THE LAW OF THE REPUBLIC OF ARMENIA “ON LICENSING”
Article1.Section12(5)oftheTableoftypesofactivitiessubjecttolicensinginArticle43(2)oftheLawoftheRepublicofArmeniaH0-193of30May2001“Onlicensing”shallberepealed.
Article2.ThisLawshallenterintoforceonthedayfollowingtheofficialpromulgation.
Presidentof the Republic of Armenia S. SARGSYAN
18June2011YerevanH0-199-N
21
LAW OF THE REPUBLIC OF ARMENIAAdopted on 25 May 2011
ON MAKING AMENDMENTS AND A SUPPLEMENT TO THE CUSTOMS CODE OF THE REPUBLIC OF ARMENIA
Article1.Article59(1)(f)and(g),Articles67.1,67.2,67.3andArticle67.4(2)oftheCustomsCodeoftheRepublicofArmeniaof6July2000(hereinafterreferredtoas“theCode”)shallberepealed.
Article2.Article67.5(2)ofthisCodeshallbesupplementedwithasentencewhichreadsasfollows:“Theprovisiononnotapplyingnon-tariffregulatorymeasuresdefinedbythispointshallnotcoverproductsofmilitarysignificance,aswellasgoodsofdualsignificanceandoutcomeofinformationandintellectualactivities.”
Article3.ThisLawshallenterintoforceonthedayfollowingtheofficialpromulga-tion.
Presidentof the Republic of Armenia S. SARGSYAN
18June2011YerevanH0-200-N
LAW OF THE REPUBLIC OF ARMENIAAdopted on 25 May 2011
ON MAKING AN AMENDMENT TO THE LAW OF THE REPUBLIC OF ARMENIA “ON STATE DUTY”
Article1.Article19(10)(10.5),(10.5.1)and(10.5.2)oftheLawoftheRepublicofAr-meniaH0-186of27December1997“Onstateduty”shallberepealed.
Article2.ThisLawshallenterintoforceonthedayfollowingtheofficialpromulga-tion.
Presidentof the Republic of Armenia S. SARGSYAN
18June2011YerevanH0-201-N
22
LAW OF THE REPUBLIC OF ARMENIAAdopted on 25 May 2011
ON MAKING AMENDMENTS TO THE LAW OF THE REPUBLIC OF ARMENIA
“ON CARRYING OUT TYPES OF ACTIVITIES SUBJECT TO LICENSING IN THE TERRITORIES OF “ZVARTNOTS” AIRPORT
OF YEREVAN AND “YEREVAN” FREE ECONOMIC ZONE”
Article1.ThetitleoftheLawoftheRepublicofArmeniaH0-329of29May2002“Oncarryingouttypesofactivitiessubjectto licensing intheterritoriesof“Zvartnots”AirportofYerevanand“Yerevan”freeeconomiczone”(hereinafterreferredtoas“theLaw”)shallbeamendedasfollows:“ONCARRYINGOUTTYPESOFACTIVITIESSUBJECTTOLICENSINGINTHETERRI-TORYOF“ZVARTNOTS”AIRPORTOFYEREVAN”.
Article2.Article1oftheLawshallbeamendedasfollows:“ThisLawregulatestherelationspertainingtolicensingofapersonwhocarriesoutactivitiesintheterritoryof“Zvartnots”AirportofYerevan”(hereinafterreferredtoas“theAirport”).”.
Article3.InArticle2oftheLaw,thewords“”Yerevan”freeeconomiczone-ater-ritoryadjoiningtheAirportasprescribedbythedecisionoftheGovernmentoftheRepublicofArmenia”shallbedeleted.
Article4.Article3(2)and(3)oftheLawshallberepealed.
Article5.InArticle5oftheLaw,thesecondsentenceshallbedeleted.
Article6.ThisLawshallenterintoforceonthedayfollowingtheofficialpromulga-tion.
PRESIDENTOF THE REPUBLIC OF ARMENIA S. SARGSYAN18June2011YerevanH0-202-N
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Annex No 1 to the Decision of the Government of the
Republic of Armenia No 1521-N of 13 October 2011
PROCEDURE
FOR SELECTING AND DETERMINING THE QUALIFYING STANDARDS FOR THE ORGANISER OF THE FREE ECONOMIC ZONE
I. GENERAL PROVISIONS1.ThisProcedure(hereinafterreferredtoas“theProcedure”)determines
theproceduresandstandardsfortheselectionoftheorganiserofthefreeeconomiczoneintheRepublicofArmenia.
2.ThedefinitionsusedinthisprocedurederivefromtheLawoftheRepub-licofArmenia“OnFreeEconomicZones”andshallhavethesamemeaningsasperthereferredLaw.
3.TheorganisershallcarryoutitsactivitiesinthemannerdefinedbythelegislationoftheRepublicofArmenia,onbehalfoftheGovernmentoftheRepublicofArmeniabasedontheagreementconcludedwiththeMinistryofEconomyoftheRepublicofArmenia(hereinafterreferredtoas“theauthorisedbody”).
II. PROCEDURE FOR SELECTING THE ORGANISER4.Withaviewtoorganisingafreeeconomiczone,uponthedecisionofthe
GovernmentoftheRepublicofArmenia,thelegalpersonmaybeselectedastheorganiserofthefreeeconomiczone,inthefollowingtwocasesofestablishingfreeeconomiczones:
(1)attheinitiativeoftheGovernmentoftheRepublicofArmenia;(2)attheprivateinitiative.5.Theselectionoftheorganiserofthefreeeconomiczonecreatedatthe
initiativeoftheGovernmentoftheRepublicofArmeniaandtheconclusionoftheagreementshallbecarriedoutinaccordancewiththefollowingprocedure:
(1)followingtheadoptionoftheDecisionoftheGovernmentoftheRepub-licofArmenia“Onestablishinga freeeconomiczone”, theauthorisedbodyshallcarryouttheselectionoftheOrganiserofthefreeeconomiczoneinaccordancewith theproceduredefinedby theLawof theRepublicofArmenia “OnProcure-ments”,applyingcompetitivedialogueprocedure;
(2) the Organiser shall be selected upon the evaluation results of bidsbasedontheevaluationstandardsreferredtoinChapterIVoftheProcedure;
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(3)theauthorisedbodyshallsendtheselectionresultstotheGovernmentoftheRepublicofArmeniaforitsapproval;
(4)within30daysaftertheDecisionoftheGovernmentoftheRepublicofArmenia“OnapprovingtheOrganiserofthefreeeconomiczone”entersintoforce,theGovernmentof theRepublicofArmenia representedby theauthorisedbodyshallconcludeanagreementonorganisingafreeeconomiczonewiththeselectedorganisation.
6.Theestablishmentofafreeeconomiczoneattheprivateinitiative,theselectionoftheOrganiserandtheconclusionoftheagreementshallbecarriedoutinaccordancewiththefollowingprocedure:
(1)WithaviewtoestablishingafreeeconomiczoneintheterritoryoftheRepublicofArmeniaattheprivateinitiative,theinitiatorshallsubmitabidtotheGovernmentoftheRepublicofArmenia;
(2)Thebidshallcomprisethefollowingdocuments:(a)theapplication;(b)thelistandtariffsofservicesprovidedbytheOrganiser;(c)thedescriptionofthefreeeconomiczone,theobjectiveofitsestablish-
ment,maindirectionsofactivities;(d)thelocation,blueprintofthepremises,aswellasthedesignofcon-
structionsincasethereareanyconstructionsavailableatthepremises;(e)thebusinessplan,whichshouldbeconsistentwiththestandardsre-
ferredtoinChapterIVoftheProcedure;(3)withaviewtoevaluatingthebidoftheprivateorganisationsubmitted
fortheestablishmentofafreeeconomiczone,astandinginteragencycommissionshallbeestablisheduponthedecisionofthePrimeMinisteroftheRepublicofAr-menia(hereinafterreferredtoas“theCommission”);
(4)theCommissionshall,within20days,evaluatethedocumentsincludedinthebidinaccordancewiththebidevaluationstandardsdefinedintheProcedure,andshallsubmitaconclusionontheestablishmentofafreeeconomiczonetotheGovernmentoftheRepublicofArmenia;
(5)TheGovernmentof theRepublicofArmeniashall consider the issueofappropriatenessofestablishingafreeeconomiczoneandrecognisingaprivateentityastheOrganiserofafreeeconomiczone,asaresultofwhichthebidshallbeeitherawardedorrefused;
(6)theauthorisedbodyshall,within3daysfollowingtherendereddeci-sion,communicatetotheinitiatoroftheDecisionoftheGovernmentoftheRepublicofArmenia;
(7)within30workingdaysafter thedecisionof theGovernmentof theRepublicofArmeniaonestablishingafreeeconomiczoneandapprovingtheOrgan-iserofthefreeeconomiczoneentersintoforce,theGovernmentoftheRepublicofArmeniarepresentedbytheauthorisedbody,shallconcludeanagreementonorganisingafreeeconomiczone.
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III. STRUCTURE OF THE COMMISSION7.TheCommissionshallcomprise9persons:thechairperson,secretaryand7
members.ThechairpersonoftheCommissionshallbetheheadoftheauthorisedbody,andthesecretaryshallbetheheadoftherelevantsubdivisionoftheauthorisedbody.
8.TheminutesofeachCommissionsittingshallbetaken.TheminutesshallbesignedbythechairpersonoftheCommissionandbyothermembershavingat-tendedthesitting.
9.ThesittingoftheCommissionshallhaveaquorum,ifattendedbyatleasttwothirdsofthemembersoftheCommission,andincaselessthantwothirdsofthemembersoftheCommissionattended,thesittingshallbeconsideredfailedandanewsittingshallbeappointed.TheCommissionshallinformallbiddersofthedayandtimeofthenewsitting.
10.IncaseoftheabsenceofthechairpersonoftheCommission,theactivi-tiesoftheCommissionshallbemanagedbyanymemberoftheCommissionuponthedecisionofthechairperson.
IV. BID EVALUATION STANDARDS11.Thefollowingarethebidevaluationstandards:(1)Thecomplianceoftheactivitiesofeachpotentialoperatorwiththeob-
jectiveofestablishingafreeeconomiczone;(2)thelistandtariffsforservicesprovidedbytheOrganiser;(3)theamount,purposeandtermsoftheinvestments,includingthetypes
ofinvestments,whetherfinancialorproperty;(4)thecompliancewiththerequirementsreferredtoinArticle6oftheLaw,includ-
ingengineeringdesign(hereinafterreferredtoas“thedesign”)andvisualoutline,orthepro-visionofgroundsfornotobservingtherequirementsreferredtoinArticle6(1)(1)oftheLaw;
(5)measuresaimedatrecognisingthefreeeconomiczoneandbranding,in-cludingavailabilityofmarketingcontracts,involvinginternationalbrandsandotheroper-atorsinthefreeeconomiczoneandactivitiesaimedatsupportingexportoftheproductsmanufacturedandservicesprovidedinthefreeeconomiczoneandexpectedoutputs;
(6)experienceinthefieldoforganisingafreeeconomiczone(willbecon-sideredasadvantage);
(7)divisionofobligationsbetweentheOrganiserandthestate,andtheextentofinvolvementoftheparties;
(8)justificationofthenecessitytoestablishafreeeconomiczone(onlyincaseoftheprivateinitiative);
(9)environmentalassessment;(10)thenumberofjobstobecreatedbytheOrganiserandtheamountof
averagesalary.
CHIEFOFSTAFFOFTHEGOVERNMENTOFTHEREPUBLICOFARMENIA D. SARGSYAN
26
Annex No 2 to the Decision of the Government of the
Republic of ArmeniaNo 1521-N of 13 October 2011
THE PROCEDURE FOR THE GRANTING OF PERMITS TO THE OPERATORS OF FREE ECONOMIC ZONES AND
FOR THE TERMINATION THEREOF, AS WELL AS BUSINESS PLAN REQUIREMENTS SUBMITTED BY THE OPERATOR AND
THE ASSESSMENT PROCEDURE THEREOF
I. GENERAL PROVISIONS1.ThisProcedure(hereinafterreferredtoas“theProcedure”)shalldefine
theproceduresforthegrantingofpermitstotheoperatorsoffreeeconomiczonesandfortheterminationthereof,aswellasbusinessplanrequirementssubmittedbytheoperatorandtheassessmentprocedurethereof.
2.DefinitionsusedinthisRegulationshallarisefromtheLawoftheRepub-licofArmenia“OnFreeEconomicZones”andshallhavethemeaningsenvisagedbythereferredlaw.
3.Operatorsof freeeconomic zones shall bedeemed tobe commerciallegalpersons,individualentrepreneursandrepresentationsofforeignorganisations(hereinafterreferredtoas“operator”),whichhavebeengrantedtherelevantper-mitasprescribedbythisProcedure,haveconcludedacontractwiththeOrganiserandareregisteredwithintheRepublicofArmenia.
4.Thepermittooperatewithinthefreeeconomiczoneshallbegrantedfortheperiodrequestedbytheoperator,butnotlongerthantheendofoperationofthefreeeconomiczone.
II. THE PROCEDURE FOR GRANTING THE PERMIT5.Thepermittooperatewithinthefreeeconomiczoneshallbegranted
upon theDecisionof theGovernmentof theRepublic ofArmenia,basedon theopinionsubmittedbytheCommissionfollowingtheassessmentoftheapplicant’sbusinessplanasprescribedbypoint10oftheAnnexNo1oftheDecisionoftheGovernmentoftheRepublicofArmeniaNo1521of13October2011.
6.TheapplicationsubmittedtotheCommissionshallcomprisethefol-lowingdocuments:
(1)application(inprescribedform);(2)businessplan,whichmustmeetthestandardsreferredtoinChapter
IVoftheRegulation;
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(3) statement submittedby theOrganiser on conditions of carrying outactivitieswithinthefreeeconomiczone.
7.TheCommissionshall,withina15-dayperiod,examinethesubmitteddocuments,assessthebusinessplanonthebasisofstandardsdefinedinthePro-cedureandsubmitarelevantopiniontotheGovernmentoftheRepublicofArmeniaforconsideration.
8.TheGovernmentoftheRepublicofArmeniashall,withina21-dayperi-od,adoptarelevantdecisiononeithergrantingapermitorrefusingtheapplication.Thegroundforrefusingtheapplicationshallbethenon-complianceoftheapplica-tionwithbusinessplanrequirementsprescribedbythisProcedure.
9. The applicant and the Organiser shall conclude a contract within 3monthsafterthedecisiontograntthepermitentersintoforce.
10.Followingtheconclusionofthecontract,theMinistryofEconomyoftheRepublicofArmenia(hereinafterreferredtoas“theauthorisedbody”)shall,withina3-dayperiod,grantapermitcertificatetotheapplicant.TheformofthecertificateshallbedefineduponthejointdecisionoftheheadoftheauthorisedbodyandtheMinisterofFinanceoftheRepublicofArmenia.
11.Upongrantingthecertificate,theauthorisedbodyshall,withina1-dayperiod,submitthecopyofthecertificatetotheStateRevenueCommitteeadjuncttotheGovernmentoftheRepublicofArmenia.
12.Theauthorisedbodyshallkeepa registerofpermitsgranted to theoperators,whichshallbepublishedontheofficialwebsiteoftheauthorisedbody.
13.TheavailabilityoftheregistershallserveasagroundforapplyingtheprivilegesgrantedtotheoperatorasperthelegislationoftheRepublicofArmenia.
III. THE PROCEDURE FOR TERMINATING THE OPERATOR’S PERMIT
14.Thedecisiononterminatingtheoperator’spermitshallbeadoptedbytheGovernmentoftheRepublicofArmeniaonthebasisoftheopinionsubmittedbytheauthorisedbody.
15.Theoperator’spermitshallbeterminatedupononeofthefollowingreasons:(1)therequestoftheoperator;(2)theterminationofthecontractbetweentheorganiserandtheoperator;(3)theliquidationofthefreeeconomiczone;(4)theexpiryofthetermsetbythepermit;(5)theviolationofornon-compliancewiththerequirementsprescribedby
thepermit;(6)theviolationoftherequirementsofArticle11(1)oftheLawoftheRe-
publicofArmenia“Onfreeeconomiczones”.16.Disputesregardingtheterminationofthepermitshallberegulatedas
prescribedbythelegislationoftheRepublicofArmenia.
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IV. BUSINESS PLAN REQUIREMENTS AND ITS ASSESSMENT STANDARDS
17.Thebusinessplan (hereinafter referred toas “theplan”)shallbeas-sessedbytheCommission,byapplyingweightcoefficientsforeachoftheassess-ment standardswhere the sum total of these coefficients shouldnot exceed100units.Consideringtheoperationalsignificanceofthefreeeconomiczone,theweightcoefficientforeachofthestandardsshallbedeterminedbytheCommissionpriortotheassessment.
18.Theplanshallbeassessedbasedonthefollowingstandards:(1)exportpolicy,destinationsandvolumes;(2)complianceoftheplanwiththeaimsofestablishingthefreeeconomic
zoneanditsoperationalnature;(3)useoftechnologicalinnovations;(4)numberofemployeesandothersocialactions;(5)amountoftotalinvestments;(6)informationonkeystrategicpartners(whereappropriate).19.Theassessmentstandardsdefinedbypoint18ofthisProcedureshall
alsobeincludedinthebusinessplanrequirements.
CHIEFOFSTAFFOFTHEGOVERNMENTOFTHEREPUBLICOFARMENIA D. SARGSYAN
29
FORMTotheheadoftheauthorisedbodyApplicants’fullname Legaladdress Phonenumber
APPLICATIONFOR RECEIVING A PERMIT TO OPERATE WITHIN THE FREE ECONOMIC ZONE
1.TheApplicant (applicant’s full name and current address)
inthepersonof (position, name, last name, patronymic name)
operatingonthebasisof requestsapermittocarryout (type of activity)
« » (name of the free economic zone) (type of the free economic zone)
withintheterritoryofthefreeeconomiczone.
2.Applicant’sinformationRegisteredaddress: Phonenumber: Fax:
Applicant’slegalformasregisteredinthestateregisterandregistrationnumber
3.ResponsiblecontactpersonName,lastname,patronymic
Position Phonenumber: Fax: Mailingaddress: E-mailaddress:
4.Listofattacheddocuments:
StatementI hereby confirm that the information provided in this document is correct
to the best of my knowledge and complete. I fully acknowledge that any false docu-mentor informationshall entail criminalandadministrative liabilityasprescribedby law.Iagreetonotifytheauthorisedbodyofanychangeintheinformationprovidedbymeabove.
Signature Date day/month/year
30
Annex No 3to the Decision of the Government of the
Republic of ArmeniaNo 1521-N of 13 October 2011
PROCEDURE
ON TECHNICAL REQUIREMENTS SET FOR THE BOUNDARIES OF THE FREE ECONOMIC ZONE
I. GENERAL PROVISIONS1.ThisProceduredefinesthetechnicalrequirementssetfortheboundaries
ofthefreeeconomiczoneswithintheRepublicofArmenia.2.Theentryandexitofthefreeeconomiczoneareunderthecontrolofthe
OrganiserandthecustomsauthoritiesoftheRepublicofArmenia.
II. THE TECHNICAL REQUIREMENTS SET FOR THE BOUNDARY OF THE FREE ECONOMIC ZONE
3.ThosefreeeconomiczoneswithintheRepublicofArmenia,theopera-tional typewhereof implies imports and exports of goods,must be demarcatedinawayastoensureitsseparationfromthecustomsterritoryoftheRepublicofArmenia.
4.TheboundariesofthefreeeconomiczoneseparatingitfromthecustomsterritoryoftheRepublicofArmeniamustbedemarcatedbyfencingitsothattoexcludethepossibilityofimportingandexportingordamaginggoodsbeyondthecustomscontrolfromthefreeeconomiczone.Thefenceofthefreeeconomiczonemustbebuiltatsuchadistancefromthebuildingsandstructuresconstructedintheterritoryofthefreeeconomiczoneinordertoexcludethepossibilitiesofimport-ingandexportinggoodsbeyondthecustomscontrolfromthefreeeconomiczone.
5.Thefollowingtechnicalrequirementsareset for fencingthefreeeco-nomiczone:
(1)thefencemustbebuiltofstone,concreteorothermaterialwhichen-surestheisolationoftheterritory;
(2)theheightofthefencemustbenotlessthan2.5metres;(3)thefencemustbeuninterruptedthroughitswholeborderline,except
fortheentryfornaturalpersons,aswellasthecheckpointsintendedforimportsandexportsofgoodsandtransportationmeans;
(4)videocamerasmustbeplacedalongthefenceatsuchadistancesothatitbecomespossibletoensurethevisibilityofthewholeterritory;
31
(5)thefencemustbeilluminatedfromthetwosides(insideandoutside).6.Thewholeouterpartofthefenceofthefreeeconomiczoneisdeemed
tobethecustomsboundaryoftheRepublicofArmenia.7.Intheeventthatthefreeeconomiczoneisbasedinabuildingorseveral
partsofabuilding,thewindowsofthebuildingorthepartofthebuildingmustbelatticedwithametalliclattice,andtheentryandexitmustbeseparatedandde-marcatedensuringitsdetachmentfromthecustomsterritoryoftheRepublicofAr-meniainordertoexcludethepossibilitiesofimportingandexportinggoodsbeyondcustomscontrolfromtheterritoryofthefreeeconomiczone.
8.Thebuildingorthepartofthebuildingdeemedtobethefreeeconomiczonemustbeilluminatedfromtheoutside.
9.Videosurveillancemeansmustbeplacedinthebuildingorthepartofthebuildingdeemedasthefreeeconomiczone,keepingthewholeofthebuildingorthepartthereofvisible.
10.Forthepurposeofconductingduesecuritycontrol,theOrganisermustbesuppliedwithanareanecessary forvideosurveillanceconductedbycustomsauthoritiesandtheOrganiser’ssecuritybodies(checkpoint).
11.Thefollowingtechnicalrequirementsaresetforthecheckpointofthefreeeconomiczone:
(1)thecheckpointmusthaveanareaintendedforcarryingoutcustomsformalities;
(2)thecheckpointmusthaveanareaintendedforcarryingoutcustomscontrol;
(3)thecheckpointmusthaveaseparatedareasuppliedwiththeappropri-ateequipmentforcustomsbrokers;
(4)thecheckpointmustbeprovidedwithbuildingsorequipmentspeciallyseparatedandadjusted formaintenanceofgoods,whichareunder themainte-nanceofcustomsauthorities,andrequirespecialmaintenanceconditions(fragileandperishable items, requiringa certain regimeofhumidityand temperature–flammable,hazardousfortheenvironment);
(5)thecheckpointmustbeequippedwithelectronicweighingscales(in-cludingscaleshavingthecapacityofweighingatleast80tonnesofvehicleandatleast150tonnesofrailwaysintheeventthatthesupplyofgoodsintoandfromthefreeeconomiczoneistobecarriedoutviarailwayorautomobiletransport);
(6)thecheckpointmustbeprovidedwithdevicesandequipmentsneces-saryfordetailedexamination(x-raying,detectingradioactivemeans,etc.)pursuanttotherequirementsbythesuperiorcustomsauthority;
(7) thecheckpointmustbeprovidedwithcommunicationandelectronictechnicalequipments,internetandradio-telecommunicationnecessaryfortheof-ficersofthecustomsauthoritytoorganisethecustomsformalitieson-site;
(8)thecheckpointmustbeprovidedwithothertechnicalmeansnecessaryforloading,unloading,carriageortransportationofgoods;
32
(9)thecheckpointmustbeprovidedwithanaudiovisualrecordingsystem.12.TheOrganiserofthefreeeconomiczonemustensuretheavailabilityof
thesecurityservice(ownorhired)andthesoundconditionofsecurityequipmentforthepurposeofassuringtheprotectionoftheterritoryofthefreeeconomiczoneandcheckpointcontrol,aswellasofvideoandaudiorecordingoftheactionsinthewholeterritoryviaremotecontrolledvideocameras.Thevideoandaudiorecordsforeachdaymustbekeptseparatelyinthecomputeroranyotherexternalmedia,whichwillgiveanopportunitytowatchandhearthevideoandaudiorecordclearlyvianumberingaccordingtothedate.Thevideorecordsmustindicatethedateandhourofrecording.Therecordedvideoandaudiosourcesmustbekeptatleastforthreeyears.
13.Intheeventofadamageofthefenceduringtheexploitationofthefreeeconomiczone,theOrganisermustforthwitheliminatethedeficienciesanddam-ages,moreover,duringtheseactivitiestheresponsibilityofensuringthesecurityofthefreeeconomiczonemustbebornebytheOrganisertogetherwiththesecurityservices.
CHIEFOFSTAFFOFTHEGOVERNMENTOFTHEREPUBLICOFARMENIA D. SARGSYAN
FREE ECONOMIC ZONESIN THE REPUBLIC OF ARMENIA
INFORMATION BULLETININFORMATION BULLETIN
FREE ECONOMIC ZONESIN THE REPUBLIC OF ARMENIA
ИНФОРМАЦИОННЫЙ БЮЛЛЕТЕНЬ
СВОБОДНЫЕ ЭКОНОМИЧЕСКИЕ ЗОНЫ
В РЕСПУБЛИКЕ АРМЕНИЯСВОБОДНЫЕ ЭКОНОМИЧЕСКИЕ ЗОНЫ
В РЕСПУБЛИКЕ АРМЕНИЯИНФОРМАЦИОННЫЙ БЮЛЛЕТЕНЬ