Alexey Chekunkov, Minister of the Russian Federation for the Development of the Far East and the Arctic. Archival photoMOSCOW, January 19After the introduction of a special tax regime on the Kuril Islands, foreign investors from any country, including Japan, will be welcome, head of the Ministry of Regional Development Alexei Chekunkov told RIA Novosti.
&# 34;We are constantly improving the legal regimes for supporting business activities, which increase the investment attractiveness of the regions of the Russian Far East, which includes the Sakhalin Region. The creation of a new preferential regime in the Kuriles is part of this work", Chekunkov said.
«At the same time, as in the case of other preferential regimes already created and operating in the Far East, we welcome both Russian and and foreign investors from any country, including from Japan,” he added. In October, Russian President Vladimir Putin instructed the government to ensure the adoption of amendments to the Tax Code of the Russian Federation on a special tax regime on the Kuril Islands by August 1, 2022. According to the order, new organizations created in the Kuriles will not be recognized as payers of income tax, land and transport taxes, as well as property tax. They will be able to apply insurance premiums of 7.6% for 10 years and enjoy the free customs zone regime. law on special regime in the Kuriles