Sughd Free Economic Zone
Encyclopedia
About the Sughd Free Economic Zone
The Sughd Free Economic Zone or FEZ "Sughd" is a free economic zoneFree economic zone
Many countries have, or have had at some time, designated areas where companies are taxed very lightly or not at all to encourage development or for some other reason...
located in Sughd Province on the territory of the south-west industrial zone of the city of Khujand
Khujand
Khujand , also transliterated as Khudzhand, , formerly Khodjend or Khodzhent until 1936 and Leninabad until 1991, is the second-largest city of Tajikistan. It is situated on the Syr Darya River at the mouth of the Fergana Valley...
, in the most economically developed region of Tajikistan. Sughd FEZ was created in 2008 by a parliamentary decree on 320 hectares of land for 25 years and began operating in August 2009. In 2010, the Administration of the Sughd FEZ registered first five corporate residents of the free economic zone. The zone offers customs and tax incentives to qualified investors that invest at least 500,000 USD and import at least 90% of the technology and equipment.