ITP-Law

Information Technology Parks Law

Law regarding the information technology parks


In force since 2018-07-20, valid until before 2020-05-01

Art.

7

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In force since 2020-05-01

Art.

7

- Residents of the Park

(1) Registration of residents is carried out by the Park administration in accordance with the regulations on registration of Park residents approved by the Government, which explicitly and exhaustively present the procedure and requirements for registration, as well as a sample agreement on the implementation of activities in the Park. Legal entities or individuals who requested the creation of the Park are legally registered as its residents.


(2) A person registered as a Park resident enters into an agreement with the Park administration on activities in the Park and is entered into the register of Park residents on the day of signing the agreement. The contract is concluded for a period of at least four years. The term of the agreement must not exceed the period of operation of the Park.


(3) The contract specifies:


a) the types of activities to be performed;


b) rights and obligations of the Park resident and the Park administration;


c) the amount of the mandatory fee;


d) the types of reports that the resident must submit to the Park administration;


e) liability of the parties for breach of contract;


f) other terms and conditions agreed by the parties.


(4) Residents of the Park carry out one or more of the activities specified in article 8 at their locations and at the locations of their subdivisions located on the territory of the Republic of Moldova.


(5) Park residents keep accounting records, prepare and submit financial and other reports and declarations in accordance with the procedure established by the current legislation.


(6) Park residents are not liable for the obligations of the Park administration.


(7) The Park administration maintains a register of Park residents and issues certificates confirming the status of a Park resident.

Monitorul Oficial (MD)
Teil
2020
2020-04-25
Nr. 108-109


Art.

XVII

Art. XVII. - Law no. 77/2016 on Information Technology Parks (official monitor of the Republic Of Moldova, 2016, no. 157-162, art. 318), as modified (till now), is amended as follows:

1. In Article 7 (3) (a), the word "authorised" is replaced by the word "practised".

2. Article 13:

in point h), after the word "Park" is inserted the text ", as well as potential residents”;

the article shall be supplemented by point (l) with the following table of contents:

"l) implement projects / programmes on the development of the information technology industry and the ecosystem for digital innovation.”

3. In Article 15 (4), "5 years" is replaced by "9 years".