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ARMENIA TO FORM FREE ECONOMIC ZONE FOR JEWELLERS
Vestnik Kavkaza, Russia
Feb 27 2014
27 February 2014 - 11:45am
The Armenian government has decided today to form a free economic
zone for jewellers in Yerevan, News.am reports.
The AJA Holding in the new economic zone will be founded by the
Armenian Jewellers Association (AJA). The Association has about 5,000
Armenian and foreign jewelers. 15 companies from the US, Russia,
Turkey and Arab states have expressed interest in the zone.
The programme for development of the free zone was developed by EV
Consulting. It plans to attract 150 companies to work there and create
about 2,000 jobs with an average salary of $500 a month. According
to the programme, the zone will generate exports of $200-250 million.
The free economic zone will be free from VAT, taxes on profit and
property and import customs fees. The zone will focus on exports of
products abroad. Sales of jewellery in Armenia will be taxed.
The Armenian government has decided today to form a free economic
zone for jewellers in Yerevan, News.am reports.
The AJA Holding in the new economic zone will be founded by the
Armenian Jewellers Association (AJA). The Association has about 5,000
Armenian and foreign jewelers. 15 companies from the US, Russia,
Turkey and Arab states have expressed interest in the zone.
The programme for development of the free zone was developed by EV
Consulting. It plans to attract 150 companies to work there and create
about 2,000 jobs with an average salary of $500 a month. According
to the programme, the zone will generate exports of $200-250 million.
The free economic zone will be free from VAT, taxes on profit and
property and import customs fees. The zone will focus on exports of
products abroad. Sales of jewellery in Armenia will be taxed.
Vestnik Kavkaza, Russia
Feb 27 2014
27 February 2014 - 11:45am
The Armenian government has decided today to form a free economic
zone for jewellers in Yerevan, News.am reports.
The AJA Holding in the new economic zone will be founded by the
Armenian Jewellers Association (AJA). The Association has about 5,000
Armenian and foreign jewelers. 15 companies from the US, Russia,
Turkey and Arab states have expressed interest in the zone.
The programme for development of the free zone was developed by EV
Consulting. It plans to attract 150 companies to work there and create
about 2,000 jobs with an average salary of $500 a month. According
to the programme, the zone will generate exports of $200-250 million.
The free economic zone will be free from VAT, taxes on profit and
property and import customs fees. The zone will focus on exports of
products abroad. Sales of jewellery in Armenia will be taxed.
The Armenian government has decided today to form a free economic
zone for jewellers in Yerevan, News.am reports.
The AJA Holding in the new economic zone will be founded by the
Armenian Jewellers Association (AJA). The Association has about 5,000
Armenian and foreign jewelers. 15 companies from the US, Russia,
Turkey and Arab states have expressed interest in the zone.
The programme for development of the free zone was developed by EV
Consulting. It plans to attract 150 companies to work there and create
about 2,000 jobs with an average salary of $500 a month. According
to the programme, the zone will generate exports of $200-250 million.
The free economic zone will be free from VAT, taxes on profit and
property and import customs fees. The zone will focus on exports of
products abroad. Sales of jewellery in Armenia will be taxed.