The State Duma continues to prepare for consideration of amendments to the Federal Law "On the Special Economic Zone in the Kaliningrad Region." This law is one of the basic laws for the economy of our region. The State Duma should consider amendments concerning the administration of customs control of products exported from the territory of the SEZ.
Among other things, the SEZ law defines the availability of tax benefits for a number of enterprises that are starting to be built in our region. Currently, the availability of zero and reduced rates on land tax, income and property are considered tools for improving the investment climate. Each of the benefits has its own validity period. The timing of the applicability of some of them is also currently being discussed at the legislative level.
According to Andrey Tolmachev, CEO of Kaliningrad Region Development Corporation, it is equally important to guarantee favorable working conditions in the region for new enterprises and investors. The time cutoff is not crucial when attracting an investor, the head of the KRDC shared his experience.
"In a conversation with investors, we come across such a thing as comparing the rates, tariffs and timing of these taxes with the conditions of other special economic zones in Russia. To be honest, it does not make a big difference for an investor: 5 or 6 years, longer or shorter. Shorter is not interesting. Otherwise when we tell an investor: "The special economic zone regime will last 100 years. That is it." This suggests that there are guarantees due to some long time. It is about an investor, who needs stability. Therefore, when we talk about timing changes, if we manage to extend the SEZ for 100 years, it will be cool," the RUGRAD business portal quotes Andrey Tolmachev as saying.
Among other things, the SEZ law defines the availability of tax benefits for a number of enterprises that are starting to be built in our region. Currently, the availability of zero and reduced rates on land tax, income and property are considered tools for improving the investment climate. Each of the benefits has its own validity period. The timing of the applicability of some of them is also currently being discussed at the legislative level.
According to Andrey Tolmachev, CEO of Kaliningrad Region Development Corporation, it is equally important to guarantee favorable working conditions in the region for new enterprises and investors. The time cutoff is not crucial when attracting an investor, the head of the KRDC shared his experience.
"In a conversation with investors, we come across such a thing as comparing the rates, tariffs and timing of these taxes with the conditions of other special economic zones in Russia. To be honest, it does not make a big difference for an investor: 5 or 6 years, longer or shorter. Shorter is not interesting. Otherwise when we tell an investor: "The special economic zone regime will last 100 years. That is it." This suggests that there are guarantees due to some long time. It is about an investor, who needs stability. Therefore, when we talk about timing changes, if we manage to extend the SEZ for 100 years, it will be cool," the RUGRAD business portal quotes Andrey Tolmachev as saying.
