Trutnev spoke about the benefits to residents of the free port of Vladivostok

Trutnev spoke about the benefits to residents of the free port of Vladivostok

For participants in the free port of Vladivostok, the state provides free of road and engineering infrastructure. Residents of the port can also expect incentives and tax breaks on profits.

VLADIVOSTOK, 21 Oct. Nadezhda Egorova. Residents of the free port of Vladivostok will pay the tax on existing businesses in the same amount, benefits will only apply to new projects, announced during the meeting of the Supervisory Board of the port, the presidential envoy in the far Eastern Federal district Yuri Trutnev.

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.

“We have a proposal — not to be confused with the structure of fixed assets, legal entities, transfer pricing. We will encourage those colleagues who are going to implement new investment projects, already having this kind of activity, to enter into an agreement with a management company that for 5 years tax from previous business, they pay at a constant value. And all earned again, will latinovits”, — said Trutnev.

According to him, today tried to shorten the list of criteria for obtaining the status of a resident. “Two of them. The first project must be new, it must be a new economic power. The second financial barrier is 5 million rubles for 3 years. It is very low, we did it on purpose. We believe that the regime of the free port should only work for a limited number of large companies, and should allow people to work in small and medium enterprises. The entry barrier they did their best to reduce and believe that it is not a burden,” — said Trutnev.

“The colleagues that will apply (on the resident status of the free port of Vladivostok), must understand that the first thing we do is ask the tax authorities of the Russian Federation to check out what kinds of activities you are engaged in. Because for us it is crucial that we talked about the creation of new business, new facilities, and not subsidize the previous ones”, — said Trutnev.

He noted that the tax office will develop a matrix of check residents. Other barriers, in addition to activities, the resident should not be.

On Monday came into force the law on the establishment of the free port of Vladivostok. The head of Investrazvitie Alexander Galushka reported that potential investors of the free port of Vladivostok has already offered seven investment projects worth more than 60 billion rubles.