Investment locations :-: Greenfield



Customs Free Zone in Kikinda

Free zones are special areas within the customs territory of the Republic of Serbia. Goods placed within these areas are free of import duties, VAT and other import charges. Goods for export can also be put in free zones. The free zones are mainly a service for traders to facilitate trading procedures by allowing fewer customs formalities.

Performing services is allowed under the Free Zone Industrial Park, as well as commodity production, finishing operations, goods and raw materials and semi-finished products storage, banking operations and financial transactions, insurance and re-insurance (R.I.) dealings, tourist and other services, and all kinds of economic and business operations which do not interfere with – and pollute nature.

Facilities allowed by the Free Zone Law:

  • Imports of goods and services into the zone, as well as exports of goods and services from the zone are free.
  • Imported raw materials and semi-finished products set aside for export, are exempt from duty and other import duties.
  • Imported equipment, machines and construction materials are exempt from duty and other taxes.
  • No value added tax (VAT) on any of the activities within the free zone.
  • User of the zone facilities can freely manage foreign currency, which is achieved by business operations in the zone.
  • Beneficial interests of the zone users are established by FZ Law and they cannot be reduced by any other regulation.
  • Imports of goods into the zone are duty free. Goods from the Zone can be placed on the home market at the customs clearance and other taxes. If the goods entering the customs area of Serbia are produced within the Zone, or exposed to manipulation at domestic ingredients' sharing, duty is paid according to the rate of foreign ingredient within the goods.
  • Imports to the Zone and exports from the Zone are completely free. I.e. customs quotas, import or export permissions, or other foreign-trade exchanges are not used; the goods imported from the Zone to the home market are liable to regular import system but if the home ingredient amounts minimum 50% of the aggregate value, such goods will be considered domestically produced.
  • The goods from the Zone can be temporarily put in the rest of the home territory or they can be brought to the Zone for the finishing operations (processing, finishing, treatment, repairing, quality controls marketing presentations...), which enable possibilities of connecting with the domestic economy.
  • Transfer of the profit achieved by the different activities in the Zone is free.
  • Expropriation is not allowed in the Zone area.
  • Users of the Zone facilities are able to rent, buy, or build themselves the production storages or office buildings.

Free Zones can include:

  • open and closed storage areas for lease.
  • offices for lease.
  • loading and unloading of goods.
  • other customs services.

To obtain the status, your enterprise needs to:

  • Submit a signed request to the Free Zone, with a short indication of purpose, on the future activities.
  • Include the photocopy of the judiciary registration of the firm.
  • After the short evaluation of the request, those concerned can sign a contract with the Free Zone and immediately start operating under the advantages that the Free Zone offers.