The Government of the Republic of Serbia has adopted a new Decree on detailed criteria for assessing the economic feasibility associated with the designation of free zone area.

The new Regulation envisages the possibility of conducting other economic activities in the free zone, apart from production, i.e. to conduct all activities that do not endanger the environment, human health, material goods and the security of the country.

Also, criteria relevant for the economic feasibility assessment for expanding an already existing free zone have been prescribed. The criteria essentially relate to the volume of investments, production, employment, as well as the procurement of new equipment which enables transfer of new technologies and reducing business expenses (if these conditions are fulfilled, the expansion of the already existing free zone will be considered economically justified).