Great Stone Industrial Park: Investment opportunities on Silk Road … · 2016. 9. 28. · Tax...
Transcript of Great Stone Industrial Park: Investment opportunities on Silk Road … · 2016. 9. 28. · Tax...
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Great Stone Industrial Park:
Investment opportunities
on Silk Road Economic Belt
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A Key Element & Pearl of
Silk Road Economic Belt
The Silk Road Economic Belt combines transport, trade, investment and financing of all
European and Asian countries. It covers territory with population of 3 bln and huge
market with growth potential.
The fund ($40 bln) was established for infrastructure, resources and production
cooperation financing.
Tehran
CHINA
RUSSIA
IRAN
GERMANY
Urumqi
Khorgos
Bishkek Samarqand Istanbul
Astana
Moscow
Minsk
Warsaw
Dushanbe TURKEY
KASACHSTAN
Aktau
Great Stone
EU 510 mln people
EAEU 183 mln people
China 1.3 bln people
Riga
Klaipeda
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PARK FIRST PHASE OVERVIEW
Коммерческая зона Жилая зона Научно-исследовательская зона Industrial area Bonded logistics area
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Logistics sub-park
The largest logistics sub-park All in all: • 94.4 ha, 550 mln. dollars, • range of services (warehousing, logistics services, trade and exhibition services, etc.) 1 st phase: • is to be completed in 2016, 29 ha, 150 mln. dollars, • warehouses occupy 50 thousand sq. m., • trade & exhibition centre occupies 21 thousand sq. m, • infrastructure – 6 thousand sq. m 2nd and 3 rd phase: •is to be completed within the period of 2017-2024, • full project implementation
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About park
GREAT STONE industrial park:
- Territorial unit of the Republic of Belarus
- Free economic zone
- Special legislation
- Public-private partnership
- State park Administration - “one stop shop” – is directly subordinated to the Government
- Development (management) company is a joint company
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Transport infrastructure
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Master plan
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Tax Privileges
Standard rates in Belarus Rates in the Industrial Park
Income tax Real estate tax
Land tax
18% 1%
$/year: 126 (Park Area), 3,150 (Minsk district), 24,000 (Minsk)
first 10 years – 0%, subsequent 10 years –
50% of the existing rate
VAT (on sales) 20% prompt refund of the full amount
from the state budget
Customs fees (VAT, customs duty): for components and equipment
for raw materials, materials
Free Custom Zone
duties usually 5%, rarely 10%
duties 5-20% + VAT 20%
duties 5-20% + VAT 20%
0%
0% in case of goods used in construction
or equipping 0% in case of exports of finished goods
outside the Customs Union or by absence of analogue materials produced in the CU
Income tax for physical bodies (employees of resident
enterprises pay) 13% 9%
Allocations to the social protection fund (enterprises pay)
35% 0% - Foreign citizens
0% - Belarus citizens for part of incomes which exceed average –
State duty for issue (extension) of permit to attract foreign labor
force, permits for work or temporary residency in Belarus
~70$/foreign person ~750$/legal entity
released, exemption applies also to contractors engaged
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Opportunity to design and
construct in accordance with
foreign standards
Complex administrative “one
stop” service
You can buy a land plot or
lease it for 99 years with one-
time payment
10+10 preferential taxation: exemption
from all corporation taxes during the
first 10 years & reduction of current
tax rates by 50% during the
subsequent 10 years
Park residents are exempt from
customs duties and VAT on goods
imported to the territory of the
Republic of Belarus for the purpose of
investment projects implementation.
Preferential personal
income tax of 9%
>
Benefits
183
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Priorities in innovations
electronic information industry pharmaceuticals R&D high-end manufacturing biotechnology logistics &
warehousing fine chemical industry new materials
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Investors and residents
Operating Park Residents
1. ZOOMLION (13,3 hectare)
2. CHENGDU XINZHU (1,1 hectare)
3. NANOPECTIN (2,4 hectare), Belarus
4. ZTE (0,8 hectare)
5. HUAWEI (0,8 hectare)
6. YTO (0,8 hectare)
7. CHINA MERCHANTS LOGISTIC (84 hectare, 29,2 hectare during
1st phase )
8. JUXIN MALT TECHNOLOGY (21,13 hectare)
Potential Park Residents
9. KINGSUN - light-emitting diodes (1 hectare)
10. GEELY – automotive components (5 hectare)
11. KRONOSPAN - construction and finishing material (7
hectare)
12. FIBERHOME – optical fiber (4 hectare)
13. YUNYIN – rapeseed harvesters (5 hectare)
More than 50 agreements of intent to implement projects on the territory of the park have been signed
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tel. +375 17 366 39 48 +375 17 366 37 49 e-mail: [email protected]
web: www.industrialpark.by
Thank you for your
attention!
Contacts: