inward investment incentives - 03
The Disadvantaged Zones - Main features
- exemption from the customs duties for the imported raw materials, spare parts
and/or
constituent parts, necessary for the achievement of own production in the zone;
- exemption from the payment of the taxes levied for the change of the destination
or for the exclusion from the agricultural circuit of land intended for the
achievement of the investment;
- grants from the Special Fund for Development placed at the disposal of the
Government of Romania, for the stimulation of the export activity, the guaranteeing
of foreign credits, the financing of special programs, the financing of investment
projects in which the state is a coparticipant to the registered share capital.
The Free Zones - Main features
The activity of a free zone is co-ordinated by the Agency of Free Zones under
the Ministry of Transport, Constructions and Tourism.
- land and constructions in free zones may be leased or rented to Romanian or
foreign natural or legal persons, for a period of maximum 50 years;
- transportation means, goods and other assets, coming from abroad or intended
for other countries, introduced or taken out of the free zones, are exempted
from the payment of customs duties and other taxes;
- the domestic materials and accessories introduced into the free zones and
used for the manufacturing of certain goods are exempted from the customs duties,
with the compliance of the export formalities;
- the domestic goods used for constructions, repairs and maintenance of objectives
in the free zones are exempted from custom duties. Previous
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