The government is actively engaging and widely promotes foreign investment in the economy, providing numerous incentives and tax exemptions. Among the incentives for investment are:
emphyteusis on favorable terms.
tax exemption on imports of imported materials and equipment.
Government involvement in providing charter coverage of risks.
Covering the expenses for promotional products, up to 75% of the amount consumed.
Exemption from income and corporate tax for up to 10 years for companies in the tourism sector.
For public companies, with more than 50 shareholders, tax exemption can be renewed.
Guaranteed transfer abroad the annual return on equity and defined-benefit scheme for foreign loans.
objects, working in tourism and hotels, can be written off from taxable income 20% of annual profits earned in foreign currency.
Free sale or transfer of its stake in the company or organization to third parties.
free export of capital and profits.
Businesses and organizations are entitled to recruit skilled workers from abroad, provided that the local labor market is not able to provide professional qualifications.
remittances abroad is not limited staff.
Exemption from payment of registration fees for a building permit.
Travel expenses related to advertising and marketing, as well as all costs directly related to advertising and marketing, are deducted from taxable income.
