Ministry of Economic Development approved on May 15, a number of regulations to ensure the activities of the industrial parks. Documents prepared in compliance with the "model provisions on industrial parks", entered into force on the 25th May.
According placed in the State Register of regulations AR MED decision of the board, approved "application form and a list of attached documents submitted for registration as a resident of the industrial park businesses and individuals," "form of the certificate of registration of the industrial park" and "Rules of Registry residents of the industrial park."
The application for registration of candidates in addition to the required elements should indicate the need for industrial and other areas, production needs, the impact of waste on the environment, the expected physical contamination, as well as describe the investment plans.
The certificate of registration of the resident industrial park management company provides industrial park.
For information on industrial parks residents can receive and third parties on the Information request. The data on the founders and their equity participation in the company are considered confidential.
By decree of the President of Azerbaijan in Azerbaijan today there have been established two industrial parks and a technology park. While the preparatory work to ensure that their activities. Since January 2013 the residents of industrial and technology parks are exempt from all taxes for a period of 7 years. --- 08D
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