The Rezekne Free Economic Zone (RFEZ) is a government-designated area that offers a range of benefits and incentives to attract foreign investment and create new job opportunities. The RFEZ is destination for businesses seeking to relocate or expand their operations.
Since its establishment, the RFEZ has attracted over 40 companies, resulting in the creation of over 3,500 jobs. The zone offers a corporate income tax rate of 0% for companies that begin operations within the zone, and 5% for dividends. Additionally, companies can receive tax incentives for investments in tangible assets and new job creation. The RFEZ also offers duty-free trade with the European Union and other countries, making it an ideal location for export-oriented businesses.
If you are interested in relocating your business to the RFEZ or would like more information about the benefits and incentives offered, please contact us for more details.