Ministry of Economic Development
of the Russian Federation

     

Tax exemptions for investors of special economic zones

There are tax exemptions common for all types of special economic zones:

  1. A reduced rate of income tax to be paid to the budgets of the Russian Federation has been set for residents of all types of zones.
  2. Residents are exempt from property tax for a period of 5-10 years depending on their zone from the moment of their property registration if the following conditions are satisfied:
    • Property is created or acquired to conduct activities within the zone;
    • Said property is located within the zone;
    • Property is actually used within the zone.
    1. Preferences relevant to transport tax are set by the Russian Federation constituent entities, where special zones are created. Transport tax exemptions are granted to investors from the moment of the registration of the vehicle.
    2. At the federal level, investors are exempt from land tax for 5-10 years depending on their zone upon emergence of ownership right to land located on its territory.
  3.  

    Depending on a zone type, investors are granted with additional exemptions:

    1. Investors of industrial production and tourism and recreational zones may apply accelerated depreciation, setting out a multiplier for fixed assets.
    2. In accordance with the Federal law dated October 16, 2010 No. 272-FZ “On Amending the Federal Law On insurance Premiums to the Pension Fund of the Russian Federation, the Social Insurance Fund of the Russian Federation, the Federal Compulsory Medical Insurance Fund and Territorial Compulsory Medical Insurance Funds” and Article 33 of the Federal law “On Compulsory Pension Insurance in the Russian Federation” (adopted by State Duma on October 08, 2010) the establishment of lower rates of insurance premiums is stipulated for the transitional period 2011-2019 for organizations having the status of a technology innovative special economic zone resident.

    Name

     

    2011

    2012-2017

    2018

    2019

    Pension Fund

    of the Russian Federation

    8,0 %

    8,0 %

    13,0 %

    20,0 %

    Social Insurance Fund of the Russian Federation

    2,0 %

    2,0 %

    2,9 %

    2,9 %

    Federal Compulsory Medical Insurance Fund

    2,0 %

    4,0 %

    5,1 %

    5,1 %

    Territorial Compulsory Medical Insurance Funds

    2,0 %

    0,0 %

    0,0 %

    0,0 %

     

    1. For investors of the port areas are provided VAT exemptions: works (services) in the port SEZ by port SEZ investors refers to transactions not subject to VAT.