Invest in production
The Republic of Karelia is one of the largest industrial centers in the North-West of Russia. The basis of the republic's economy is industry, which accounts for almost 40% of the total volume of the gross regional product.
Favorable economic and geographic location, convenient logistics infrastructure, natural resources, educational and human potential make our region attractive for investors.
One of the priority tasks of the Government of Karelia is the creation of a favorable investment climate. For this, a set of measures for financial, property and administrative support has been developed. In assistance to investors, territories of advanced social and economic development are being created. Thanks to the individual program for the development of the region, federal funds are directed to including for the implementation of investment projects.
40% of the territory of Karelia - 6 municipal districts - are included in the Arctic zone. This significantly expands the possibilities of both the economy and social sphere, and organizations and entrepreneurs who implement projects in these territories.
We are ready to provide comprehensive assistance in the implementation of investments in our republic. We will be glad to establish cooperation with everyone who associates their strategic priorities with Karelia and shares the idea of partnership in interests of joint development.
users within a thousand kilometers
The White Sea-Baltic Canal unites the White Sea with lake Onega and has access to the Baltic Sea and the Volga-Baltic Waterway
Developed transport links and the favorable geopolitical position of the republic make business on its territory attractive for investment. This is facilitated by special tax and administrative benefits.
Development Corporation of the Republic of Karelia accompanies investment projects on the principle of "one window" and implements the following functions:
One third of the territory of the Republic of Karelia is part of the Arctic zone of Russia. These are Belomorsky, Loukhsky, Kemsky, Segezhsky and Kalevala districts and Kostomuksha urban district.
Income tax
Land tax
Insurance premiums
Property tax
Tax deduction not exceeding 50% of MET. Valid until December 31, 2032.
1% for "income" or 5% for "income - expenses"
Inspections of residents of the Arctic zone are carried out only by agreement of the Russian Ministry for the Development of the Russian Far East and within a short period.
Strategy of economic development of Karelia until 2030
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