The Cabinet approved the criteria for selection of residents of free port of Vladivostok


MOSCOW, October 22. The Russian government has approved criteria for selection of residents of free port of Vladivostok from the number of individual entrepreneurs or legal persons. the Text of the relevant decree signed by Prime Minister Dmitry Medvedev posted Thursday on the website of the Cabinet.

According to the approved criteria, an individual entrepreneur or legal entity intends to implement in the territory of free port of Vladivostok new investment project, or specified in the application for conclusion of an agreement on the implementation of activities the business activities are new, we have not implemented them prior to the date of application.

In addition, the volume of capital investments may not be less than 5 million rubles in a period not exceeding 3 years from the date of inclusion of the individual entrepreneur or the legal entity in the register of residents of free port of Vladivostok.

“This decision will help to form a cohesive system of selection of residents of free port of Vladivostok, aimed at attracting new investors”, – noted on the website.

The document was developed by Ministry of Russia to implement the law “On the free port of Vladivostok”.