Head of Minvostok Development Alexei Chekunkov said that the special tax regime on the Kuril Islands will be launched by the end of this year. This was announced in an interview with RIA Novosti on the Eastern Economic Forum (WEF).
“We expect to complete this work until the end of this year,” said Checans.
On September 3, Russian President Vladimir Putin said that a new offshore will appear on the Kuril Islands. “We hope that the preferential regime in Kurilla will bring significant results for the development of the islands, to launch promising projects, primarily in areas such as tourism, macukelutra and processing,” said Russian leader.
also president also said that the preferential regime would include a complete cancellation of income taxes, property and land for a ten-year term. In addition, residents will provide the right to pay insurance premiums at a reduced 7.6% rate, and a free customs zone will appear on the territory of the offshore.