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Law on the Latgale Special Economic Zone (2016)

Country/Territory
Latvia
Document type
Legislation
Date
2016
Source
FAO, FAOLEX
Original source
Latvijas Vēstnesis, 108, 06.06.2016.
Subject
Agricultural & rural development
Keyword
Agricultural development Financial agricultural measures Fiscal and market measures Internal trade Business/industry/corporations Rural employment Institution Governance Procedural matters Tax/levy Subsidy/incentive Local government
Geographical area
Europe, Europe and Central Asia, European Union Countries, Northern Europe
Abstract

This Law prescribes the procedures for the establishment, management and use of the Latgale Special Economic Zone. The Zone is established with the aim to facilitate the development of the Latgale region by attracting investment for the development of manufacturing and infrastructure and creation of new jobs. The Law further provides for functions of the Latgale planning region development council in the management of the Latgale special economic zone; functions of the Latgale special economic zone authority; budget of the Latgale special economic zone; support foundation for commercial activity of the Latgale special economic zone; tax relief permit; immovable property in the Latgale special economic zone; and control of aid for commercial activity.

Full text
English/Latvian
Website
likumi.lv