Sumgayit Industrial Park (formerly Sumgayit Chemical Industrial Park)
Sumgayit Industrial Park (formerly Sumgayit Chemical Industrial Park) is a Special Economic Zone located in Sumgayit, Azerbaijan, established in 2011, with Ministry of Economy / Azerbaijan Investment Company listed as its governing authority.
Key Facts
| Type | Special Economic Zone |
|---|---|
| Location | Sumgayit, Azerbaijan |
| Year Established | 2011 |
| Companies | 39 |
| Governing Authority | Ministry of Economy / Azerbaijan Investment Company |
| Status | operational |
Recorded Benefits and Incentives
Benefits include corporate tax exemption, duty-free imports, exemption from VAT on goods and services, simplified customs procedures, and land lease incentives.
Verify eligibility and current terms with the zone authority.
About Sumgayit Industrial Park (formerly Sumgayit Chemical Industrial Park)
Sumgayit Industrial Park is Azerbaijan's first industrial park, established to revive and diversify the industrial potential of the Sumgayit region. It focuses primarily on chemical industries, but has expanded to include other manufacturing sectors. The park provides ready infrastructure and a favorable investment environment for local and foreign enterprises.
Frequently Asked Questions
What type of zone is Sumgayit Industrial Park (formerly Sumgayit Chemical Industrial Park)?
Sumgayit Industrial Park (formerly Sumgayit Chemical Industrial Park) is a Special Economic Zone.
Where is Sumgayit Industrial Park (formerly Sumgayit Chemical Industrial Park) located?
Sumgayit Industrial Park (formerly Sumgayit Chemical Industrial Park) is located in Sumgayit, Azerbaijan.
When was Sumgayit Industrial Park (formerly Sumgayit Chemical Industrial Park) established?
Sumgayit Industrial Park (formerly Sumgayit Chemical Industrial Park) was established in 2011.
Which governing authority is listed for Sumgayit Industrial Park (formerly Sumgayit Chemical Industrial Park)?
SEZ Explorer records Ministry of Economy / Azerbaijan Investment Company as the governing authority for Sumgayit Industrial Park (formerly Sumgayit Chemical Industrial Park). Confirm its current jurisdiction and remit with the authority.
Which benefits and incentives are recorded for Sumgayit Industrial Park (formerly Sumgayit Chemical Industrial Park)?
SEZ Explorer's current record lists: Benefits include corporate tax exemption, duty-free imports, exemption from VAT on goods and services, simplified customs procedures, and land lease incentives. Verify eligibility and current terms with the zone authority.