Approved criteria for the selection of residents of free port of Vladivostok

Approved criteria for the selection of residents of free port of Vladivostok


These criteria will help to create a system for the selection of residents, aimed at attracting new investors. Residents of the port, the government provides free roads and engineering infrastructure.

MOSCOW, 22 Oct. Prime Minister of Russia Dmitry Medvedev has approved the criteria for selection of residents of free port of Vladivostok, said in a document published on the website of the Cabinet on Thursday.

“The signed resolution approves the criteria for selection of residents of free port of Vladivostok: new investment project or new activity; the volume of capital investments not less than 5 million rubles for a period not exceeding three years”, — stated in the message.

In the help document notes that such criteria would help to create a system for the selection of residents, aimed at attracting new investors.

Previously entered into force the law on the establishment of the free port of Vladivostok. The head of Minvostokrazvitiya Alexander Galushka reported that potential investors in the free port has already offered seven investment projects worth more than 60 billion rubles.

The state provides to residents of the free port free of road and engineering infrastructure. For residents of the free port is stipulated preferences and privileges for the profit tax: in the first five years applies a reduced rate — not more than 5% in the next five years — at least 10%. The free port covers 15 municipalities of Primorsky Krai.