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Law No. ZR-115 on foreign investments.

País/Territorio
Armenia
Tipo de documento
Legislación
Fecha
1994
Fuente
FAO, FAOLEX
Materia
Tierra y suelos, Recursos minerales, General
Palabra clave
Ley marco Reforma agraria Tenencia de tierras Propiedad de extranjeros Exploración Ordenación/conservación Minerales
Área geográphica
Asia, CEI (Comunidad de Estados Independientes), Europa, Europa y Central Asia, Naciones en desarrollo sin litoral, Asia Occidental
Entry into force notes
Entry into force from the date of its official publication.
Resumen

The present Law establishes legal, economic and organizational basis for the realization of foreign investment on the territory of the Republic of Armenia and is aimed at ensuring protection of rights, legal interests and property of foreign investors, creation of pre-requisites for drawing in foreign material and financial resources, introduction and efficient use of advanced technologies of managerial and organizational experience. Foreign investments can be realized in the form of rights for prospecting, extraction, processing or management of natural resources. Foreign investments can be realized through purchase of the right of land tenure and concessions for management of natural resources. The document consists of IV Secs. that contain 25 Arts. Section I (arts. 1-5) lays down general provisions. Section II (Arts. 6- 11) regards state guarantees of protection of foreign investments. Section III (art. 12- 13) regards setting up and cessation of activity of the enterprises with foreign investment. Section IV (Arts. 14- 25) specifies the conditions for functioning of enterprises with foreign investments and operation of foreign investors.

Texto completo
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