Transcript PowerPoint prezentacija - Početna

What the Free Zones are?
Free zones in Serbia are highly developed centers of
infrastructure equipped land with logistic support
prepared to attract production and technology
investment.
In Free zone areas are offered business advantages Custom Duties and TAX releasing's
The Free Zone regulations
• GATT (general Agreement of Tariffs and Trade)
• Kyoto convention and revised Kyoto convention - 1999
year - on the simplification and harmonization of
customs procedures
• Customs Community Code EU
• National Free Zone Law from 2006. year
Incentives by the law
 Business free of CUSTOM DUTIES
 Business free of VAT
 Business free of Corporate profit tax
Free zones – Serbian idea?
Why do Free Zones exist?
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Attract INVESTMENTS in the undeveloped regions
Increase EMPLOYMENT
Increase PRODUCTION and EXPORT
Provide to companies SAVING in business
(duty, tax, stimulate measures of economic policy)
• Concentrate services in LOGISTICS CENTERS
Serbia advantages
• Location on Pan-European corridor 10 represents link of Europe
and Middle East.
• Unemployed, educated and professionally skilled workers
• Simplified regulations on foreign trade and investments
• Fast company establish procedure
• Lowest corporate profit tax rate in Europe- 10% - In Free zones 0%
Free trade agreements
European Union
CEFTA
EFTA
Turkey
Russia
Belorussia
Kazakhstan
USA – preff. trade
regime
Free Zone benefits...
• Free of customs duties (and other import charges for goods,
equipment, raw material and construction material)
• Fiscal benefits (exemptions from any tax burden for FDI, VAT,
company profit tax, property tax, income tax)
• Efficient administration (one stop shop)
• Local infrastructure subsides (low price and service costs)
Free zones in Serbia
Subotica
Zrenjanin
Novi Sad Pancevo
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Šabac
Corridor VII
Smederevo
Svilajnac
Kragujevac
Užice
Kruševac
Jug
Pirot
Niš, Prokuplje
Existing
In preparing
Corridor X
New incentives provided by the state
 In Free Zones Corporate Income Tax = 0
 Exemption from VAT on energy sources for production
activities in the zone (Gas, Electric energy, Mazout, Coal)
 Announced new incentives from the state
 Exemption from the corresponding part of the salary tax
 Exemption from VAT on goods and services trade within the
free zone
Free zone effects 2010/2011
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Export increase for 32 %
Companies in Free zones increase 17%
Turnover increase 77 %
Workers up for 60 %
Investments up 275%
Export from Free zones in Serbia 2010
0%
6%
9%
SZ „Pirot”
SZ „Subotica”
12%
SZ „Zrenjanin”
51%
2%
SZ „Novi Sad”
SZ „FAS” iz Kragujevca
SZ „Šabac”
SZ „Užice”
20%
211 companies in Free zones in Serbia
Subotica
Novi Sad
Šabac
Zrenjanin
• Pancevo
Corridor VII
Smederevo
Svilajnac
Kragujevac
Užice
Kruševac
Jug
Pirot
Niš, Prokuplje
Sevojno
Corridor X
Free zone Subotica
 The Subotica Free Zone is located in the northern part of Serbia - border with
Hungary and the EU
 The E-75 international highway with rail line
 The Subotica Free Zone was founded in 1996
 15 hectares of land
 13.000 square meters of production space
 26.000 square meters of closed storage space
 313 square meters of office space
 City water supply,
 Two transformer sub-stations with 2x630 KW
 Telephone lines
 Projected connection to local gas lines
Free zone Šabac
 Free zone position 25km from the highway E70, 30 km from the Bosnian border,
70km from border with Croatia
 The main economic potential are River Sava and Drina
 Total area of the zone is 3,991m², and will be extended this year.
 Greenfield area is around 2,3 ha
 Outdoor storage space 6,700m²
 Indoor storage space is 5,000m².
 Free zone is fully equipped with infrastructure with wide range of logistic services.
Free Zone Zrenjanin
 Zrenjanin Is the city in Vojvodina with most water flows in its area ( The
Danube , The Tisa , The Begej, The Tamis, also the river canal network
Danube-Tisa-Danube) which puts him among the most attractive cities for
investing in Serbia, according to USAID, SIEPA and American Chamber of
Commerce.
 The Free zone covers an area of 6 hectares
 400m² is for office space,
 6000m² for warehouses and
 5000m² for open storage space.
Free Zone Kragujevac
 Free zone Kragujevac was founded on the 5th of November 2009, by the
City of Kragujevac and FIAT automobile.
 Basically, this zone is founded to endorse the development of the
automotive industry in Serbia.
 Free zone has around 157ha of land and includes total area of the
automobile factory .
 There are 200 parcels intended for FIAT subcontractor companies
Free Zone Užice
 Free zone Užice is founded by the City of Užice, Copper mill AD.
Sevojno and Impol-Seval Aluminum mills a.d. Sevojno
 This is the 5th free zone founded in Serbia with many business
benefits for all investors.
 The main economic potential is metal and metal processing
industry.
Free zone Pirot
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Established in 1996
Total area 103 ha
9 production and 100 trade entities with 5.000 employees
Product export oriented free zone
main users Tigar A.D. and Tigar Tyres (part of MICHELIN group)
 Services in free zone – forwarding service and organization of
intermodal transport
 Turnover within the Free zone in 2010 around 360.000.000 Eura
AWARDED - BEST OF SERBIA 2009-2011
Biggest export from Serbia
9 production plants - 8000 trucks per year
Benefits from local municipality
 Construction activities – investor is exempted of:
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Fees for development of building land
All taxes and expenses of Municipal Administration (communal fees, town planning permits, town
planning approval, building permit, etc...)
 During the utilization of facility for the period of 5 years investor is exempted
from:
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paying local communal taxes
fees for using city building land
50% expenses for communal services
shall be entitled to deduct the rental price of land in relation to the number of newly employed
workers
 Releases 50% of Property Tax for new users of the Zone
 Releases 30% of the corresponding part of the Tax on salaries of workers
employed in manufacturing companies which employ 200 or more employees.
Logistic and Intermodality
In Serbian Free zones
Free zones and Logistic in RS
 Law on Spatial plan of Serbia from 2010 to 2020 (Official gazette RS 88/10)
http://www.rapp.gov.rs/media/zakoni/Zakon_o_prostornom_planu_RS-cir.pdf
support all Free zones location for construction of intermodal terminals and
recommend all free zone in view goods flow generators in article 327. Intermodal
transport and logistic centers (page 272 in Law)
 Strategy for development of rail, road, water, air and intermodal transport in
Republic of Serbia from 2008. to 2015 (Official gazette RS 55/05, 71/05 i 101/07)
http://www.putevi-srbije.rs/strategijapdf/Strategijatransport_lat.pdf in article 4.2.
Guidelines for the development of intermodal transport (page 39) in accordance
with EU guidelines are given for the consideration of locations (11 conditions) and
define the necessary infrastructure (7 conditions) – recommend terminal location
in Free zone
Use of EU Model and Grants for construction
New project – Intermodal Logistic Terminal
on the Corridor X – Free zone Pirot
www.usz.gov.rs
Zоrаn Vučić, pоmоćnik direktora
Теl.: 011/311-73-93, [email protected]
Uprаvа zа slobodne zоnе, Оmlаdinskih brigаdа 1, 11000 Beograd
Теl.: 011/311-73-26, 011/311-73-27, Fаx. 011/311-73-88