The state also checks the business plan, namely.
How much investment will be made, how many jobs will be creat, etc.
In a free economic zone like Crimea, itnecessary to invest 150.
Million rubles in business, for mium and small businesses the investment amount is more than 2 times less, and also the number of employees must be more than 10 people.
What are the tax benefits in special zones?
The free zone also attracts with its preferential tax conditions. What privileges does the state provide?
Let’s look at the example of a free zone like Crimea
The income tax has been ruc.
During the first 3 years from forex database the date of registration, the tax rate will be.
Then it will increase become a resident slightly and in the period from 4-8 years it will be 6%
Subsequent years until the end of the preferential years, the state-establish rate of 13.5% applies
During the first 3 years of owning land for business purposes, there is no obligation to pay land tax.
Tariffs for mandatory social contributions have been ruc, such as pension fund -6%, social insurance -1.5%, mical insurance -0.1%.
For another SEZ, such as “Alabuga”, there are benefits in relation to property, transport, land tax, the rate for them is 0% for 10 years.
Income tax is become a resident charg at rates for 5 years at a rate of 2%, the next 5 years at 7%, the remaining years until 2055 at a rate of 15.5%.
There is an accelerat depreciation regime with an increasing coefficient of 2%.
Also, with regard to customs duties, duties on import and export of finish products, raw materials, materials have been cancel.
Depending on the location agb directory and the amount of investment in the economic zone, different tax preferences will apply.
There are 29 free economi they are actively used in logistics zones in Russia. Some of them have attract quite a lot of investment, while others have not met the government’s expectations at all.