Made in Russia

All regions
ENG
Top stories

The government supported the bill to expand benefits for SEZ residents in Kaliningrad

40
The government supported the bill to expand benefits for SEZ residents in Kaliningrad

The Government of the Russian Federation has supported the bill on amendment of the Tax Code concerning the residents of the Special Economic Zone (SEZ) in the Kaliningrad region.

"The draft law proposes to extend the period of application of reduced tariffs of insurance contributions by residents of the SEZ from 7 to 10 years and to exclude the deadline for application of the exemption. Currently, the residents can apply the reduced tariff only until the end of 2025", - states the message on the website of the Ministry of Economic Development.

Only companies from the register of SEZ residents, which were included in it from 2018 to 2022, could take advantage of the privilege. The amendments will allow to extend the benefits to all the residents included after 2018.

According to the ministry head Maxim Reshetnikov, this serves as a stimulus for economic development of the Kaliningrad region. The introduction of this benefit, according to him, made it possible to increase the number of residents of the regional SEZ by 1.5 times. Now there are 270 residents registered with total investments of more than 146 billion rubles and more than 21 thousand jobs.

The governor of the region, Anton Alihanov said that over the past three years the rates of insurance premiums for new residents of the SEZ were reduced several times. During this time, such an opportunity was taken advantage of more than 170 investment projects - almost as much as during the previous 12 years. Extension of the exemption, as emphasized the head of the region, will increase the attractiveness of the SEZ regime both for existing and future residents.

Also in the bill it is proposed to run a protective mechanism in order to avoid unjustified use of benefits. If a resident is excluded from the SEZ before the investment contract is executed, it will have to pay the land tax and unpaid insurance premiums.

Made in Russia // Made in Russia

Author: Ksenia Gustova

0