Cooperation advantages

JSC "GORIZONT" joined the free economic zone "Minsk" in January, 2007.  It makes a positive effect on the price policy and the product competitiveness.  The free economic zone opens the opportunity to work in special favorable taxation conditions.  Moreover, JSC "GORIZONT" can use tax privileges on the basis of the free economic zone membership: duty free importation of raw materials, equipment and exportation of owned production.

• Benefit location in the free economic zone "Minsk";
• The entrance a common customs field with Russia with its large growth market, free entrance to the market of neighbor countries;
• The availability of qualified and cheap labor force;
• Cheap price of production resources;
• Developed production, scientific and technical base, a modern infrastructure with a high technology level;
• Favorable taxation and customs regulation;
• Legislative protection of investor's rights
• Economic benefits:
• Income tax rate for the companies – residents of the free economic zone "Minsk" is reduced by 50%;
• Benefits of the residents of the free economic zone "Minsk" achieved from the sale of owned production and services are free of tax liability within 5 years from the date of announcement;
• According to the resident's notice the production and warehouse territory of the company have to join the free economic zone. In this case, import equipment; raw materials for owned production needs are free of tax liability.

The free economic zone membership makes JSC "GORIZONT" attractive for investors. The system of state investment protection guarantees ordered by laws of the Republic of Belarus expands to all the investors of the free economic zone. The State also secures the right to repay the share of the investor at the property of the company according to the residual value as well as the transfer of money, achieved from the investments in the free economic zone outside of the free economic zone and the Republic of Belarus.