The Free Port of Vladivostok In Khabarovsk Kray
The Free Port of Vladivostok In Khabarovsk Kray Ministry for the development of the Russian Far East development Corporation Investment and development Agency of Khabarovsk Kray
Territory of Free Port in Khabarovsk Kray The Free Port is a territory covering some constituent entities of the Russian Federation in the Far Eastern Federal District whereto a mechanism of state support to businesses, including tax incentives, administrative preferences and special visa regime, is applied. Vanino District: Area 25, 7 Thnd square km Population 33, 4 Thnd people Turnover volume 27, 1 million tons Sovetskaya Gavan District: Area 15, 5 Thnd square km Population 38, 9 Thnd people Turnover volume 686, 6 Thnd tons
TAX BENEFITS for residents of Free Port PROFIT TAX 0% 13% GENERAL TAX RATE 20% PROPERTY TAX 0% 5 Next 5 years 0, 5% For years SOCIAL SECURITY PAYMENTS 7, 6% GENERAL TAX RATE 30% GENERAL TAX RATE 2, 2% LAND TAX 0% FOR 5 YEARS 3
ADMINISTRATIVE PREFERENCES Regime of Free Customs Zone Attraction of foreign labor without quotas The right of a management company to protect a resident in court Accelerated VAT refund procedure (10 days) Possibility of obtaining a land plot for lease without bidding Relaxed Visa requirements foreigners (Visa-free entry to Russia for 8 days) One-stop-shop approach to assist investors 4
FREE PORT RESIDENT SELECTION CRITERIA: A resident of the Free Port is an individual entrepreneur or a legal entity that is a commercial organization, the state registration of which is carried out on the territory of the Free Port An individual entrepreneur or a legal entity plans to sell a new investment project on the territory of the Free port, or the types of entrepreneurial activity are new to him The volume of capital investments can not be less than 5 million rubles ($ 70 thnd) in a period not exceeding 3 years from the date of being resident of the Free port Absence of arrears in taxes and levies, insurance contributions to state nonbudgetary funds of the Russia, arrears in other mandatory payments to the budgets of the budgetary system of the Russia for the past year Activities that are not allowed The company should not be in the process of reorganization, liquidation, or bankruptcy 5
ACTIVITIES THAT ARE NOT ALLOWED × × PROHIBITED ACTIVITIES Extraction of oil and natural gas Manufacture of excisable goods, except for the production of cars, motorcycles, motor oils, aviation, diesel and motor fuel × Types of activities for which state support measures are not provided (tax benefits) × × × Financial and insurance activities Activities in the organization and conduct of gambling Wholesale and retail trade Administrative activities and accompanied supplementary services except for rental and leasing 6
THE PROCESS OF OBTAINING THE STATUS OF A FREE PORT RESIDENT 1 Preparing set of documents: - Application for Gaining Resident Status; - Business plan; -Copies of constituent documents and certificates; - Accounting statements (for existing enterprises) 4 2 Submitting set of documents to the JSC «Far East Development Corporation» http: //erdc. ru/ Application consideration and decision making within 15 business days Approving and signing the Agreement 5 business days 3 Preparation and submission of the draft Agreement to applicant within 30 calendar days 5 GRANTING RESIDENT STATUS AND ISSUING FREE PORT CERTIFICATE 7
CONTACTS JSC «Far East Development Corporation» JSC «MC ASEZ «Khabarovsk» Investment and development Agency of Khabarovsk Kray 8 800 707 55 58 http: //erdc. ru/ info@erdc. ru +7 (924) 418 -26 -60 +7 (924) 228 -24 -09 info. khab@erdc. ru 8 800 770 08 27 http: //invest. khv. gov. ru/ agency@invest-khv. ru 8
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