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The tax regime for the IT park is proposed to be extended until 2035, and Business Process Outsourcing (BPO) service providers will be able to become its residents.

The tax regime for the IT park is proposed to be extended until 2035, and Business Process Outsourcing (BPO) service providers will be able to become its residents.

This is included in a package of amendments to the Law on Information Technology Parks, work on which has been completed, and the document has been sent for consideration by the government. This was announced by the Minister of Economic Development and Digitalization Dumitru Alaiba, expressing hope that the parliament will be able to approve the bill by the end of the year. On his Facebook page, Dumitru Alaiba noted that the IT park regime, maintaining a single tax of 7% of turnover, without the application of other taxes, will be extended for another 10 years. This will provide the industry with room to develop. At the same time, this regime will include a number of related activities - business outsourcing services (BPO, Business Process Outsourcing). Dumitru Alaiba believes that this will stimulate the creation of new, well-paid jobs in companies focused on exporting services. “We must make IT the driving force of the economy. Now there are 20 thousand people in the IT sector in the country, who create 5% of GDP. Imagine what 100 thousand people can do,” the minister noted. Recall that in September this year the ministry submitted for public discussion draft amendments to the Law on Information Technology Parks. The project provides for the opportunity for call centers and contact centers, as well as providers of other employment services, to work within the IT park. It was also proposed to establish a park council - a collegial body responsible for approving the park administration’s activity plan and its development strategy, approving reporting and budgets, managing the risk system for park management, etc. The initial project provided that the IT park would retain a single tax in the amount of 7% of resident sales, while the minimum amount of the single tax, determined monthly for each employee, would increase from 30% to 35% of the average monthly salary in the economy projected for the tax period of the corresponding tax, etc. Even earlier, a year ago, the ministry also promoted a separate bill on the International Business Services Park to provide special tax treatment to companies from 22 BPO areas (accounting and financial audit, tax consulting, business consulting, market analysis and public opinion polls, written and oral translations, scientific, professional and technical activities, employment activities, secretariat services, photocopying and documentation preparation, call centers, business support services, engineering and technical consulting services, research in the field of social sciences and humanities, testing and technical analysis), but this project was not approved.// 29.11.2023 — InfoMarket

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