Giurgiulesti Free Zone offers investors a unique opportunity to locate their business in the midst of the rapidly growing economies within the Danube corridor in south-eastern Europe with exceptional cost, logistic, infrastructure, tax and regulatory advantages.

Giurgiulesti Free Zone forms an integral part of the Giurgiulesti International Free Port (GIFP). GIFP is Moldova’s only sea port and is situated on 133.8 kilometres of the river Danube, sandwiched between Ukraine and European Union member state Romania. GIFP is privately owned and operated by Danube Logistics SRL. Danube Logistics, which is managed by an international team of professionals, is in turn owned by the Dutch EASEUR Holding BV (80%) and the European Bank for Reconstruction and Development (20%).

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Businesses located within Giurgiulesti Free Zone have direct access to regional and global markets. The countries located in the Danube corridor alone, which record the fastest economic growth in Europe, represent a market of more than 100 million consumers.

GIFP is capable of receiving seagoing vessels and river barges. In addition GIFP benefits from access to the European and Russian railway systems, good access to the European road network and its relative proximity to four international airports.

Apart from the location within rapidly growing markets and excellent infrastructure, investors in Giurgiulesti Free Zone can significantly increase the profitability of their business by reducing their operating costs such as payroll expenses and utility charges as well as by making use of the attractive tax and customs regime. The applicable tax and customs regime for any resident of Giurgiulesti Free Zone can be summarised as follows:

 

• zero income tax

• exemption from excise taxes and import VAT

• exemption from import and export duties

• exemption of import duties into the rest of Moldova for goods that originate from Giurgiulesti Free Zone

• exemption of foreign employees from social insurance contributions.

Unlike other free economic zones, where activities are limited, residents of the GIFP have the right to undertake any activity that is ordinarily allowed throughout the Republic of Moldova. Investors may also be 100% foreign-owned and are not subject to minimum investment obligations.

Danube Logistics, the private owner and private operator of GIFP, offers potential investors not only the opportunity to set up their businesses within Giurgiulesti Free Zone, but also offers the residents a broad range of services:

• logistic services

• short- to long-term leases of more than 70 hectares of land, which is connected to utility and road infrastructure as well as in close proximity to rail and port infrastructure

• short- to long-term lease agreements for furnished or unfurnished offices

• Administrative and consulting services related to the registration of your business in Moldova, utility management services, office support services ranging from recruitment, accounting, payroll, tax, representation, trust to legal matters.

In summary, Giurgiulesti Free Zone offers an ideal location for companies wishing to relocate or expand production capacities in a low-cost environment, companies wishing to establish regional storage, packaging and distribution centres as well as trading companies aiming to penetrate the markets in south-eastern Europe.

For more information on Giurgiulesti Free Zone, visit wow.gifp.md, contact Edgar Martin, Director on (+373 22) 882734 293611 or fax: (+373 22) 292855 or email info@danlog.md.

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