📌 FEZ residents are exempt from all taxes, except for the comprehensive income tax on employee salaries (personal income tax = 23%):
💰 Income tax — 0%
📊 VAT — 0%
🚢 Import customs duties — 0%
🌐 Export customs duties — 0%
💹 Dividend taxes — 0%
🏡 Real estate and property taxes — 0%
📍 In addition, FEZ residents are exempt from all currency restrictions.
They are entitled to repatriate investment capital, profits, and dividends.
🎯 Residents have the following opportunities:
🔹 Minimization of costs associated with export and import customs duties
🔹 Ability to establish competitive prices for manufactured products
🔹 Hiring of skilled local labor, with no restrictions on hiring foreign personnel
🔹 Business operations with minimal administrative barriers under simplified procedures (“one-stop shop” services and on-site customs clearance within the FEZ)
🔹 Access to modern infrastructure of the FEZ and the capital of Armenia
🔹 Synergetic benefits from cooperation with other resident companies, including the joint use of production and R&D facilities within different areas of the FEZ under the same preferential terms
