Development of the Arctic territories of the Republic of Karelia
Federal Law of 13.07.2020 No. 193-FZ "On State Support of Entrepreneurial Activity in the Arctic Zone of the Russian Federation" established a special economic regime in the Arctic.
Federal benefits for residents of the Arctic zone of the Russian Federation
- Does not apply to projects in the field of mining
Insurance premiums 7,5% (3,75%)
- For new jobs
- Does not apply to projects in the field of mining
Mineral extraction tax 0,5% effective rates
- For new fields only
- Valid until December 31, 2032
Tax incentives at the regional level for residents of the Arctic zone of the Russian Federation
| Tax name | First 5 years | Next 5 years |
|---|---|---|
| Income tax | 0% | 5% |
| Property tax | 0% | 1,1% |
| Land tax | 0% | 0-1,5% |
| USNO: object "income" | 1% | 3% |
| USNO: object "income-expenses" | 5% | 7% |
Administrative preferences for residents of the Arctic zone of the Russian Federation
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Protecting the interests of residents of the Arctic zone
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Conducting inspections only by agreement of the Ministry for the Development of the Russian Far East and within a short period of time
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Provision of land plots in state or municipal ownership, without bidding
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Free customs zone procedure for equipped and equipped areas of residents of the Arctic zone
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Simplification of approval procedures during construction
Operation of checkpoints in the Arctic zone of the Russian Federation
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When carrying out customs and other types of control, a "one window" mechanism is implemented.
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The work of state control bodies at the checkpoints of the Arctic zone is carried out around the clock
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Sanitary-quarantine, veterinary, quarantine phytosanitary control (supervision) of goods and vehicles at state border checkpoints located in the Russian Arctic is carried out by customs authorities
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Documents required for the implementation of control activities (with the exception of identity documents) can be submitted to the customs authority in electronic form
Free customs zone
A resident of the Russian Arctic has the right to apply the procedure of a free customs zone (FCZ) in his activities. This measure is aimed at entrepreneurs interested in exporting products and using imported equipment.
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Russian goods are placed and used with a payment of excise tax and without payment of export customs duties
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A free customs zone can be created on equipped areas of residents of the Arctic zone
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Foreign goods are placed and used without paying customs duties and VAT
Benefits for residents of the Arctic zone of the Russian Federation
No customs duties and VAT
- The use of imported components in the assembly plant during the subsequent export of goods
Payment of duties either for individual components or for the whole product
- The use of imported components in the assembly plant for the subsequent sale of goods in the territory of the Customs Union
Criteria for applicants for obtaining the status of a resident of the Arctic zone of the Russian Federation
- Individual entrepreneur or legal entity
- Registration on the territory of the Arctic zone of the Russian Federation
- The minimum amount of capital investments in an investment project must be at least 1,000,000 rubles (excluding VAT)
- The investment project or line of business must be new to the applicant at the time of application
- Lack of the status of a participant in a regional investment project
A new project is a project within which, at the time of filing an application, the volume of capital investments made during the implementation of the investment project does not exceed 25% of the total volume of capital investments provided for by the business plan.
- The applicant should not be in the process of reorganization, liquidation, bankruptcy
- No arrears in taxes and fees, insurance premiums
