Minister of the Russian Federation for the Development of the Far East and the Arctic Alexei Chekunkov. Archival photoMOSCOW, January 19The special tax regime in the Kuriles involves the creation of industries and infrastructure directly on the islands, Alexei Chekunkov, head of the Ministry for the Development of the Far East, told RIA Novosti. In October, Russian President Vladimir Putin instructed the government to year to ensure the adoption of amendments to the Tax Code of the Russian Federation on a special tax regime in the Kuril Islands. 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 regime of a free customs zone.
"The bill does not provide for special conditions for companies engaged in intermediary activities. The share of residents' income from rent, interest income should not exceed 10%. It is planned to create production facilities and infrastructure directly on the islands", Chekunkov said, answering the question of how activities will be controlled on the spot.
Chekunkov noted that the ministry does not expect large enterprises, industrial giants to appear in the Kuriles. that the new support mechanism will be in demand among companies that are already operating in the Far East. Thanks to benefits, they will be able to invest in business development — to build processing facilities, renewable energy facilities,» the minister said.
Chekunkov told when they can adopt a law on special regime in the Kuriles