of October 8, 1993 No. 893-XII
About the economic free enterprise zone
This Law determines general legal and economic basis of the organization and functioning of economic free enterprise zones, govern the relations of the business entities acting in the territory of the economic free enterprise zone.
The law is aimed at providing development of regional economic and scientific and technical potential with involvement of foreign investors and business entities of the non-state sector of economy.
The economic free enterprise zone is the specially allocated territory with accurately certain administrative borders and particular legal regime.
The economic free enterprise zone occupies the territory which borders are determined by regulatory legal acts of Turkmenistan.
In the territory of the economic free enterprise zone any kinds of economic, financial and other activities of business entities of the non-state sector of the economy of Turkmenistan and foreign investors except for prohibited by the legislation of Turkmenistan are allowed.
1. The legal relationship arising in the economic free enterprise zone are regulated by this Law and other other regulatory legal acts of Turkmenistan.
2. If the international treaty with participation of Turkmenistan establishes other rules, than those which are determined in this Law then are applied rules of the international treaty.
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The document ceased to be valid since October 11, 2017 according to article 38 of the Law of Turkmenistan of October 9, 2017 No. 620-V