The Saeima has adopted and the President promulgated the following laws: Rezekne special economic zone law chapter I General provisions article 1. The law is applied in the following terms: 1) Rezekne special economic zone territory — the city of Rezekne, griškāni parish and part of the parish of Vērēm was established in the statutory objectives and limits fixed by this Act;
2) Rezekne special economic zone investors — Latvian or foreign natural or legal person who concluded a contract with Rezekne special economic zone management company for the investment business of Rezekne special economic zone territory;
3) Rezekne special economic zone company — in accordance with the procedure laid down in this Act established or redesigned Rezekne special economic zones in the territory of existing companies and the companies that entered into a contract with Rezekne special economic zone management companies on business in Rezekne special economic zone territory;
4) free zone — the Republic of Latvia a delimited part of the customs territory where the imported goods for customs duty and the application of commercial policy measures will be treated as outside the Republic of Latvia customs territory goods;
5) Rezekne special economic zone business support fund – Rezekne special economic zones set up to promote the development of the institution.
2. article. This law determines the Rezekne special economic zone management and usage procedures as well as in business, investment, tax, customs, particularities of action with real estate and job characteristics of aliens Rezekne special economic zone.
3. article. (1) the Rezekne special economic zone was created with the aim to facilitate trade, develop industry and traffic, as well as exports and imports of goods through Latvia. Its job is to attract investment in production and infrastructure development and job creation.
(2) special economic zone of Rezekne in Rezekne and should be promoted throughout the region of Latgale development.
4. article. Rezekne special economic zone consists of Rezekne special economic zone territory established in the Rezekne special economic zones and the company that manages and supervises the Rezekne special economic zone management company.
5. article. (1) This law in Rezekne special economic zone management company contracts with Rezekne special economic zone companies on business in Rezekne special economic zone territory.
(2) in accordance with the procedure laid down in this Act of Rezekne special economic zone management company if necessary, rent or sell the Rezekne special economic zone company Rezekne special economic zones in the territory and other real estate.
6. article. Rezekne special economic zone is established in accordance with this law, the attached Rezekne special economic zone territory plan and Rezekne special economic zone territory.
7. article. Rezekne special economic zones are in force in the territory of the Republic of Latvia laws and other laws. With this law are certain exemptions from the general policy for Rezekne special economic zones only companies in business, investment, tax, Customs Affairs, action with real estate and the work of aliens.
Chapter II the Rezekne special economic zone management company in article 8. (1) the Rezekne special economic zone managed by the Rezekne special economic zone management company, which operates as a non-profit limited company and whose functions are laid down in this law.
(2) in Rezekne special economic zone management bodies of the company are Rezekne special economic zone management board of the company and Rezekne special economic zone management board of the company.
(3) the Rezekne special economic zone management company part of share capital, which is more than half of the share capital, owned by the State or the municipality.
(4) the Rezekne special economic zone management company statute approved by the Cabinet of Ministers.
(5) in Rezekne special economic zone management company is a legal entity.
9. article. (1) the Rezekne special economic zone management members of the Board of the company at Rezekne special economic zone management proposals of the general meeting of shareholders of the company on five years appoints the Cabinet.
(2) in Rezekne special economic zone management companies to be included in the composition of the Council, four representatives of the public interest, which delegated to the Ministry of economy, Ministry of Finance, the Ministry of transport and the protection of the environment and regional development Ministry, three Rēzekne City Council delegated representatives, one representative of griškāni parish and the parish of Vērēm and the four Rezekne special economic zone company.
(3) the Rezekne special economic zone management companies shall be chaired by the President of the Council, which is elected from among the members of the Council.
10. article. (1) Rezekne special economic zone management board of the company performs the following functions: 1) confirms the Rezekne special economic zone development plan in accordance with this law, the State, municipal and public interest;
2) contracts with Rezekne special economic zone for investors about the investment business of Rezekne special economic zone territory;
3) contracts with Rezekne special economic zone on companies their business Rezekne special economic zone territory;
4) issue of Rezekne special economic zone company permission to conduct business Rezekne special economic zone territory;
5) down the free zones, their borders and customs, in coordination with the State revenue service;

6) contracts with Rezekne special economic zone company of Rezekne special economic zones in the territory of an existing State or local land and other immovable property leasing or transfer;
7) contracts with Rezekne special economic zone company on certain economic functions of those individual Rezekne special economic zones servicing areas or individual Rezekne special economic zones in parts of the territory;
8) controls the execution of contracts;
9) confirms the foresight and next year's budget for the financial funds;
10) manages and controls the Rezekne special economic zone management board of the company;
11) make regulations under certain free zone administration duties Rezekne special economic zone territory;
12) manages the Rezekne special economic zone business support fund.
(2) in Rezekne special economic zone the management company Board shall decide other issues within its competence under this law, the law "On joint stock companies", other laws and regulations, as well as Rezekne special economic zone management statutes of the company.
(3) the Rezekne special economic zone management board of the company may be taken over his competence any Rezekne special economic zone management competence of the Management Board of the company passed to the issue.
11. article. (1) the Rezekne special economic zone management board of the company are Rezekne special economic zone management company executive and representative body.
(2) in Rezekne special economic zone management company Board members elected by the Rezekne special economic zone management company's shareholders general meeting.
(3) the Rezekne special economic zone management board of the company and its officers shall determine the rights and obligations of Rezekne special economic zone management statutes of the company.
12. article. Rezekne special economic zone management company Board shall perform the following functions: 1) developed in Rezekne special economic zone development plan in accordance with this law, the State, municipal and public interest;
2) Rezekne special economic zone the management procedure laid down in the statutes of a company in financial spending budget for next year and in future years and, if necessary, revisions shall be submitted during the previous year in the financial perspective budget funds;
3) organizes the Rezekne special economic zone assessments, disseminate information and undertake market research to attract investors;
4) organised by the Association of the investors themselves and the conclusion of contracts with specialist agencies and companies;
5) provides the Rezekne special economic zone development plan;
6) organise the infrastructure construction communications and Rezekne special economic zone territory Rezekne special economic zone development plan;
7) participates in Rezekne special economic zone territory infrastructure;
8) provides a package of services of Rezekne special economic zone for investors and Rezekne special economic zone company;
9) carried out other functions, except as provided for in article 10 of this law.
13. article. (1) the Rezekne special economic zone management company budget consists of: 1) revenue from Rezekne special economic zone management activities of the company;
2) contributions from State and local budget for special programmes;
3) contributions from various funds.
(2) in Rezekne special economic zone management company budget spent: 1) Rezekne special economic zone management program of the company and its financing;
2) Rezekne special economic zone territory infrastructure;
3) land and other real property purchase Rezekne special economic zone territory.
14. article. Rezekne special economic zone management company financial transaction laws and other regulations in accordance with the procedure laid down by the institution concerned is controlled.
Chapter III Rezekne special economic zone business support fund in article 15. (1) this Act establishes the Rezekne special economic zone business support fund.
(2) in Rezekne special economic zone business support fund aims to Rezekne special economic zone company business promotion and support, as well as Rezekne special economic zones in the territory for the financing of infrastructure development.
16. article. (1) the Rezekne special economic zone business support fund holder and Manager are Rezekne special economic zone management company.
(2) in Rezekne special economic zone business support fund is a legal person.
(3) the Rezekne special economic zone business support fund shall be approved by the Cabinet of Ministers.
Article 17. Rezekne special economic zone business support fund are credited to: 1) Rezekne special economic zone company deductions from profit according to Rezekne special economic zone company contracts for business in Rezekne special economic zone territory;
2) foreign and international aid institutions mērķiemaks of donations and gifts;
3) natural and legal persons mērķiemaks, donations and gifts;
4) contributions from the various funds;
5) other income.
18. article. From Rezekne special economic zone business support fund can be financed: 1) Rezekne special economic zone in the area of research and development programmes;
2) Rezekne special economic zones, the initiation of business research and support, as well as training programmes;
3) Rezekne special economic zone education programs;
4) investment in Rezekne special economic zone territory in infrastructure and real estate;

5) payments Rezekne special economic zone dotēj companies to invest, pay off their loans and interest, if they fulfil at least one of the following conditions: (a)) created new jobs, b) have introduced modern (environmental) technology, c) increased agricultural products originating in Latvia, processing and exports.
Chapter IV investment and business in Rezekne special economic zone territory article 19. (1) investments in Rezekne special economic zones in the territory and is protected by law.
(2) foreign investment in Rezekne special economic zones in the territory and is protected by the law "on foreign investments in the Republic of Latvia" in the order and in accordance with the provisions of this law.
20. article. Before the commencement of business and investment of Rezekne special economic zone investors concluded with Rezekne special economic zone management investment companies to conduct business.
21. article. (1) investments in companies located in Rezekne special economic zone territory, Rezekne special economic zone investors can only be done after the conclusion of the contract with Rezekne special economic zone management company.
(2) investments in Rezekne special economic zones in the territory shall be made in accordance with the procedure laid down in the Treaty, and volumes.
22. article. (1) for the purpose of business, Rezekne special economic zone for investors in accordance with the procedure prescribed by law to establish or transformed and the company must be recorded in the register of companies or company.
(2) in addition to the statutory documents to the Registrar of companies a copy of this Act is to be specified in the contract for the investment business of Rezekne special economic zone territory.
(3) Register Rezekne special economic zone company name in addition to the words "Rezekne special economic zones".
23. article. To conduct business, Rezekne special economic zone company: 1) must contract with Rezekne special economic zone management company;
2) must receive the law and regulations established from other competent authorities the necessary permissions for the respective type of business, if the need for such authorization is set in laws and regulations;
3) to obtain permission for conducting the business of Rezekne special economic zone territory.
24. article. (1) the Rezekne special economic zone management authorization is issued by the company to Rezekne special economic zone company, on behalf of the State the document attesting that this company has the right to do business in Rezekne special economic zones in the territory and get this law certain tax breaks.
(2) a copy of the authorisation of Rezekne special economic zone management company shall submit to the State revenue service.
(3) the permit is not withdrawn unilaterally, nor otherwise be cancelled unilaterally terminated its operation as a single law in Rezekne special economic zone management company, or other legally authorized to travel to the national institution of legal proceedings on termination of the contract with Rezekne special economic zone company name "Rezekne special economic zones ' removal from the register of enterprises registered in the Rezekne special economic zone company name for this company and the withdrawal of the authorisation issued.
25. article. Rezekne special economic zone management company contracts with Rezekne special economic zone on companies doing business in Rezekne special economic zone territory, treaties determine what business Rezekne special economic zone company is allowed to get this law certain tax breaks.
26. article. (1) the Rezekne special economic zone territory has allowed another company, companies and organisations in General.
(2) the following undertakings, companies and organizations do not have this statutory right and benefit.
27. article. (1) the Rezekne special economic zone management company contracts with Rezekne special economic zone for investors and Rezekne special economic zone company, contracts must include conditions relating to the time-limited: 1) investments and amounts;
2) number of jobs;
3) modern technologies;
4) export or cargo turnover.
(2) in Rezekne special economic zone management company contracts with Rezekne special economic zone companies on business in Rezekne special economic zones in the territory, have the right to include in the contract the obligation of Rezekne special economic zone company make an annual deduction of Rezekne special economic zone business support fund in an amount that does not exceed ten percent of the company's annual profit after tax, but Rezekne special economic zone company is obligated to make such deductions.
28. article. (1) the Rezekne special economic zone company must be located in Rezekne special economic zone territory.
(2) in Rezekne special economic zone company is entitled to conduct business only in Rezekne special economic zone territory.
(3) the business outside Rezekne special economic zone territory is not considered: 1) Rezekne special economic zone by the governing bodies of the company or the representative (law "on business" within the meaning of article 8) located outside Rezekne special economic zone territory;
2) negotiating the deal and contracts outside Rezekne special economic zone territory;
3) goods in transit from Rezekne special economic zone territory or to it;
4) other activities that are not commodity-money transaction execution.
29. article. Rezekne special economic zone round the company accounting records according to the legislation.
Chapter v

Tax relief of Rezekne special economic zone territory article 30. Rezekne special economic zone company taxes pay the statutory global order, receive this statutory tax relief.
31. article. (1) in this Act the tax incentives provided in the special economic zone company in accordance with the procedure laid down in this law are entitled to all statutory time.
(2) the right to tax relief for Rezekne special economic zones with companies of the day, when you are given permission to conduct business.
(3) the right to tax relief for Rezekne special economic zone company end: 1) along with the establishment of expiry of the authorization granted;
2) Rezekne special economic zone management company and Rezekne special economic zone company negotiating contract cancellation;
3) court terminating Rezekne special economic zone management companies and Rezekne special economic zone company contract and cancel a permit issued by this company.
32. article. (1) the Rezekne special economic zone company they owned property that is located in Rezekne special economic zones in the territory and is subject to the property tax or any other tax which may be introduced in place of the property tax, pay a property tax or any other tax which may be introduced in place of the property tax, with an 80 percent discount from the calculated (not applying other rebates) tax amount.
(2) the decision of the municipality of Rezekne special economic zone on companies they owned property that is located in Rezekne special economic zones in the territory and is subject to the property tax or any other tax which may be introduced in the property tax in place, you can assign a property tax or any other tax which may be introduced in place of the property tax rebate — up to 20 percent of the estimated (no other discount application) tax amount.
(3) this article is referred to in the first and second subparagraph discounts are summed.
33. article. (1) the Rezekne special economic zones on the property of the company or use them in the land, which is located in Rezekne special economic zones in the territory and is subject to the land tax or any other tax which may be introduced in the land tax, instead of the land tax or pay any other tax which may be introduced in the land tax in place, with an 80 percent discount from the calculated (not applying other rebates) tax amount.
(2) the decision of the municipality of Rezekne special economic zone on companies it owned, or they use the land, located in Rezekne special economic zones in the territory and is subject to the land tax or any other tax which may be introduced in the land tax in place, you can assign the land tax or any other tax which may be introduced in the land tax, instead of a discount — up to 20 percent of the estimated (no other discount application) tax amount.
(3) this article is referred to in the first and second subparagraph discounts are summed.
34. article. To determine the local government financial equalisation fund payable amount, discount, which under this Act by a municipal decision as regards property tax and land tax or any other tax which may be imposed property tax or land tax in place, is not taken into account.
35. article. Rezekne special economic zone management company does not pay property tax and land tax or any other tax which may be introduced in the property tax and land tax for land and other real property located in Rezekne special economic zone territory and owned by the State or municipality which pursuant to this law is passed in Rezekne special economic zone management company and is not passed on to another user.
36. article. (1) for all categories of fixed assets in accordance with the law "on enterprise income tax" article 13 of the Rezekne special economic zone company uses business Rezekne special economic zones in the territory for the duration of the zone, the corporate income tax for the purposes of calculating the time of year can apply depreciation rates double — up to 100 percent.
(2) if the Rezekne special economic zone company of corporate income tax for the purposes of calculating any category of assets depreciation rate applied, which differs from the law "on enterprise income tax", this rate should be applied throughout the Rezekne special economic zone during operation, from Rezekne special economic zone company formation or transformation of the company for such companies.
(3) If, in accordance with the law "On enterprise income tax" and this law Rezekne special economic zone company taxation period for the adjustment of the profit or loss is a loss, it may cover in chronological order from the next 10 tax period taxable income.
(4) the Rezekne special economic zone company can reduce the corporate income tax the taxable income on the State, local governments, Rezekne special economic zone territory and infrastructures of the city's costs, if any, made under the contract concluded with Rezekne special economic zone management company.
37. article. (1) the Rezekne special economic zone company estimated corporate income tax from the income which they derive Rezekne special economic zone territory reduced by 80 percent of the estimated tax amount.
(2) if the Rezekne special economic zone company paid dividends for non-residents, remuneration for management and advisory services and to make payment for intellectual property, corporate income tax withheld from these payments with an 80 percent discount from the amount of tax calculated.

38. article. (1) except as provided for in this article, goods and services that Rezekne special economic zone company and Rezekne special economic zone management for companies in the free zones provided with value added tax taxable persons are subject to value added tax by applying a 0% interest rate in accordance with the law "on value added tax" article 7, first paragraph, point 1-3.
(2) goods imported Rezekne special economic zones free zones from foreign countries or exported to those not subject to customs duty, excise duty and value added tax.
(3) construction services Rezekne special economic zone company and Rezekne special economic zone management company Rezekne special economic zones in the territory provided with value added tax taxable person if the particular special economic zone construction of objects included in the special economic zone management company approved by the Council in the development plan, are subject to value added tax by applying a 0% interest rate for the Cabinet of Ministers.
(4) retail sale of goods and the natural persons provide services and goods supplied Rezekne special economic zone territory in free zones liable to value added tax, the application of the standard rate to the law "on value added tax" and the Cabinet of Ministers.
39. article. Goods from Rezekne special economic zones in the territory of the free zones are imported into the Republic of Latvia in the other part of the customs territory for free circulation, and the services that the free zones existing Rezekne special economic zone company provides the rest of the customs territory of the Republic of Latvia, subject to value added tax, excise tax and customs duties in the relevant laws.
40. article. (1) if the Rezekne special economic zone territory in free zones and customs warehouses for imported goods have undergone treatment or processing of these goods originating in the Republic of Latvia recognised in the order laid down by laws and Cabinet regulations.
(2) if the Rezekne special economic zone territory in free zones and customs warehouses for imported goods are subject to processing, or processing the goods imported into the rest of the customs territory of the Republic of Latvia for free circulation, in the General order are exempt from customs duties to the extent that they are subject to this tax, if they were imported to the customs territory of the Republic of Latvia prior to their treatment or processing, and would not be exempt from value added tax and excise duty.
Article 41. Goods originating in the Republic of Latvia and the coming free zones or customs warehouses, they back the rest of the customs territory of the Republic of Latvia, are exempt from customs duty.
Article 42. The customs regime for free zones and customs warehouses under the Customs Act provides the customs authority. Special customs control measures the free zones established by the Cabinet of Ministers.
43. article. (1) the Rezekne special economic zone company and employed persons pay social tax in accordance with the law "on social tax", with the exception referred to in the second subparagraph of article.
(2) in Rezekne special economic zone company if they employed person — an alien who pays social tax payments or pielīdzināmo in their home ground, by a written agreement with him can pay social tax from the amount every month, which is less than the socially insured person's working income for the month, but not less than the minimum monthly salary of fifteen.
(3) the Rezekne special economic zone company employed persons, which is reduced to the social tax payments, you can get all of the law "on social tax and other statutory warranties and services according to the social tax payments for these persons.
44. article. Rezekne special economic zone company financial transaction law and other regulations in accordance with the procedure laid down by the control authorities concerned.
Chapter VI real estate Rezekne special economic zone article 45. Land and other real estate property, located in Rezekne special economic zone and belong to natural or legal persons, except for Rezekne special economic zones, the company can lease and alienate the General order.
Article 46. (1) local governments and State-owned land and other real estate, which is located in Rezekne special economic zones in the territory, is transferred to Rezekne special economic zone management at the disposal of the company, other than land and real estate property located in the territory of Latvia, which occupy the railway companies, businesses, and other organizations.
(2) in Rezekne special economic zone management company on behalf of a State or local government without special authorisation only on the basis of this law can be rented or transferred them to the State and local land and other real estate.
(3) the State and local government-owned land and other real estate in the land registry to be registered on the State or local government.
47. article. (1) the conclusion of the land and other real estate rental contracts, Rezekne special economic zone management company may contract to provide for their later disposal of Rezekne special economic zone company, land and other immovable property, if the property of the lessee are all laws and treaty provisions.
(2) real estate rental contracts are concluded for a period not exceeding 99 years.
(3) the Rezekne special economic zone company leased land can be put to Rezekne sublet special economic zone management company's consent.

48. article. (1) land and other immovable property located in Rezekne special economic zone management company or property, Rezekne special economic zone management company is entitled to dispose of the property of Rezekne special economic zones, where companies within the time limit laid down in the Treaty, Rezekne special economic zone territory has invested an amount that is not less than 100 000 lats for one hectare of land can be seized.
(2) one of the Rezekne special economic zone company can rent or alienate the property of not more than ten percent of Rezekne special economic zone territory.
49. article. Contracts with Rezekne special economic zone management company for land and other real estate leasing or disposal of the property is abolished in law, when Rezekne special economic zone company does not comply with the law and contract conditions.
50. article. Rezekne special economic zone management company Rezekne special economic zone territory is land and other immovable property pre-emptive right and the redemption, if the law of pre-emption is not assigned to another person or if the person does not exercise that right.
Chapter VII residence of aliens and Rezekne special economic zone article 51. The entry of aliens Rezekne special economic zone territory in General with the Latvian entry visas and residence permits; This procedure also applies to citizens of countries with which Latvia has agreements on visa-free regime in the Republic of Latvia in residence associated with gainful employment, or more than 90 days.
52. article. (1) foreign nationals permitted to work in paid jobs Rezekne special economic zone territory to fulfill contracts, perform special Assembly work and other important occasions, giving Rezekne special economic zone management company.
(2) in Rezekne special economic zone management company has the right to facilitate the way to submit requests to the aliens termiņuzturēšan licence in the citizenship and Migration Board approved the order, which is matched by the Rezekne special economic zone management company.
(3) the Rezekne special economic zone company to carry out the training for local staff, as well as other measures to reduce foreign staff involvement in paid work in Rezekne special economic zone and Rezekne special economic zone company.
53. article. Rezekne special economic zone company employees — is entitled foreigners profession to use the foreign language, if a translation into the language of the country.
Chapter VIII final provisions article 54. (1) the Rezekne special economic zone is created for twenty years from the entry into force of this law.
(2) in Rezekne special economic zone for the duration of the procedure prescribed by law, be extended.
55. article. (1) after the Rezekne special economic zone expiry Rezekne special economic zone management company is liquidated or reorganized in accordance with the procedure prescribed by law.
(2) after the Rezekne special economic zone of the dissolution of the relationship that emerged between Rezekne special economic zone management company and Rezekne special economic zone company, remain in force and are being pursued in the General order.
Article 56. The amendment of this law shall not impair the Rezekne special economic zone company legal position, which started their activities in Rezekne special economic zone territory and received appropriate for Rezekne special economic zone management company fixed-term permit to conduct business.
Transitional provisions 1. With the entry into force of this Act, the city of Rezekne, griškāni parish and the parish municipality of Vērēm property is passed in Rezekne special economic zones in the territory of the State-owned land in or assenting and other real estate, except land and real estate property, located in the areas, which occupy the Latvian Railway, as well as enterprises, companies of Rezekne and other organizations. That land and other real estate in the land registry to be registered on behalf of the municipality of Rezekne Rezekne special economic zone management person of the company by targeting boundary in nature and statutory document design.
2. About this statutory Rezekne special economic zone management company to be registered in the business register of joint stock company "Rezekne special economic zone".
The Parliament adopted the law of 1 October 1997.
In place of the President the President of the Parliament Member a. America 1997 in Riga on October 21 annex Rezekne special economic zone territory Description 1. Limit begins under the air bridge on the railway line Riga-Moscow and Release alley intersection and along the railway line Riga-Moscow railway line West to the junction with the rail line St.Petersburg-Warsaw.  
2. Limit goes over the railway line St. Petersburg — right side of Warsaw to the North until its intersection with Highway Riga-Moscow.
3. go over the limit Highway Riga-Moscow the right East to Litavniek village of griškāni parish.
4. Limit goes over Litavniek villages of griškāni parish road until the intersection with Jupatovk street of the city of Rezekne.
5. go over the limit of the city of Rezekne Jupatovk Street to the intersection of station Street.
6. Border through the city of Rezekne Station Street to the intersection at the air bridge, with the railway line Riga-Moscow.
Parliamentary Registry