of June 18, 2011 No. ZR-193
About free economic zones
Accepted by National Assembly of the Republic of Armenia on May 25, 2011
This Law governs the relations connected with creation, the organization and liquidation of free economic zones.
Free economic zones are created for the purpose of contribution to social and economic development of the Republic of Armenia by investment attraction, creation of new workplaces, export stimulation.
1. In the Republic of Armenia the relations in the field of free economic zones are governed by the agreement of June 18, 2010 "About the questions connected with free (special, special) economic zones on customs area of the Customs union and customs procedure "free customs zone"" (further - the Agreement) and other international treaties, the agreement of April 11, 2017 "About the Customs code of the Eurasian Economic Union", entering the right of the Eurasian Economic Union (further - EEU), and the legislation of the Republic of Armenia on free economic zones.
2. The legislation of the Republic of Armenia on free economic zones consists of this Law, the Civil code of the Republic of Armenia, the laws and other legal acts governing the customs and tax relations.
1. The basic concepts applied in this Law are:
1) the free economic zone - the part of the territory of the Republic of Armenia established by the Government according to this Law based on initiative of the Government or private initiative where business and other activity is performed according to the features established by this Law, the Agreement and the Customs code of EEU and also can be applied customs procedure "free customs zone";
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