Selection Order of Investment Projects and Registration of Residents of “Angren” FEZ

Responsible authority

Issue under review

Reviewing period

Selection of investment projects to be implemented in “Angren” FEZ

The Directorate

Reviewing submitted investment application of the project to be placed within the territory of the FEZ attached with other required documents, with further submission to the administrative council

In 2 business days

Administrative Council

Reviewing and making decisions on:

  • placing the investment project within the territory of FEZ;
  • granting a company status of FEZ participant;
  • allocating a land plot or an empty and inactive building with indicating it’s total area and location;
  • the necessity of revising the submitted documents with indication of specific comments and advises;
  • the inexpediency of placing the investment project within the territory of FEZ;
  • sending out the decision of the administrative council regarding the implementation of investment projects worth more than 5.0 million US dollars to the Republican Council for approval

In 5 business days

In 2 business days

The Republican Council

Reviewing and approving the decision of the administrative council regarding the implementation of investment projects worth more than 5.0 million US dollars

In 7 business days

The Directorate

Providing an abstract of record of the administrative council to the investor or the authorized person by him.

In 1 business day

Registration of participants of FEZ

The Directorate and Investor

Performing negotiations between the investor and the Directorate of FEZ (if necessary), signing an investment agreement between the Directorate and the investor (investors), in case the positive decision is made by the Administrative Council regarding the implementation of the project

In 5 business days

Investor

Submitting relevant documents to the registering authority for state registration of the newly created company or re-registration of a previously registered company within the territory of FEZ

Not later than 5 business days after approval of the protocol by the administrative council

Registering Authority

State registration, registering with authorized agencies

In 1 business day

The Directorate

Registering the company as a participant of FEZ and issuing a membership certificate.

In 12 business days after receiving the related documents

The Directorate

Notifying the State Tax and Customs Committees about the registration of the company as a participant of FEZ.

Providing the necessary documents for the allocation of land plot to the State company of land management of the relevant region.

In 1 business day after registering the company as a participant of FEZ