LLC «Gayur» is one of the largest and fast growing investment companies in the country, which plays an important role in attracting foreign investment to various sectors of the economy of the Republic of Tajikistan and to the construction of large industrial enterprises. The Company, in a relatively short period of time, by attracting foreign capital, implemented a few investment projects that play key roles in the economy of the Republic of Tajikistan. This projects were amounted to US $ 330 million.
The Company plans to become one of the largest investment companies in the region in the coming years and implement ambitious investment projects. The Company has all the financial and intellectual capabilities for the implementation of the plan.
The Republic of Tajikistan has taken the necessary measures to attract foreign investment and improve the investment climate, capital raising and private sector support, as well as the strengthening of safeguards and responsibilities of investors, international safeguards and mechanisms for investment agreements. According to the statement of World Bank’s Group «Business Development» , during the last three years, Tajikistan is situated among the top ten countries for the adoption of progressive reforms. In particular, with the aim of improving the legislation were adopted such laws as laws «On investments», «On free economic zones», «On Production Sharing Agreements», «On Investment Agreement», «On state partnership and the private sector», «On concessions» «On the procedure of licensing» and etc. One of the most important factors of improving the investment climate, increasing business activity and protection of entrepreneurial activity was the accession of the Republic of Tajikistan to the Convention on the Recognition and Enforcement of Foreign Arbitral Awards (New York, 1958, the "New York Convention"). United Nations Convention Accession to the Convention gives investors the opportunity to protect their rights and interests through international legal mechanisms in the Republic of Tajikistan.
In world practice, Free Economic Zones (FEZ) are recognized as an earthly paradise of investors for their various tax benefits and special favorable legal system. Therefore, in the Republic of Tajikistan, in order to attract foreign investments, have been created four free economic zones free economic zones, in which investors are provided with favorable economic conditions and a special legal system. The tax and customs legislation of the Republic of Tajikistan provides a wide range of benefits to subjects of free economic zones. In particular, the importation of goods into the territory of free economic zones and export of goods outside of the country is proceeding without the tax and state duty payment. Subjects of free economic zones are exempt from all taxes, stipulated by the Tax Code of the Republic of Tajikistan, except social tax and tax on personal income.
At the same time, the Republic of Tajikistan provides for investors other tax exemptions. These tax exemptions include the scope of the construction of hydroelectric power plants, new enterprises engaged in complex processing of cotton fiber and finished products, as well as the subjects of production sharing agreements. In addition, new production enterprises that within 12 months after the date of initial state of registration indicate in the authorized capital of the enterprise in the following amounts are exempt from paying taxes on profits of legal persons (14% for the activities in the field of production of goods, 24% for other activities) at the appropriate time:
a) 2 years, if the investments are from $ 200 thousand to $ 500 thousand;
b) 3 years, if the investments are from $ 500 thousand to $ 2 million;
c) 4 years, if the investments are from $ 2 million to $ 5 million;
d) 5 years, if the investments of more than $ 5 million.
LLC «Gayur» expressing its willingness to cooperate with foreign investors in the implementation of other investment projects in the spheres of industry, construction, tourism and etc., invites interested companies and persons to visit the sunny and hospitable country of Tajiks.