The RKI regime applies to the entire territory of the Kuril Islands (South Kuril, Kuril and North Kuril Urban District)
A taxpayer is granted a tax exemption applicable for some particular taxes and valid for 20 years, up to December 31, 2046.
Lower rate for social security payments
7.6% instead of 30%: reduced rate of payments to social security funds (Pension Fund, Social Security Fund, Mandatory Health Insurance Fund)
Businesses incorporated in the territory of Yuzhno-Kurilsky, Kurilsky and Severo-Kurilsky Urban District, after January 1, 2022, may be granted a number of benefits in the field of taxation, social security payments and some administrative preferences.
The applicant should have no separate branches or divisions beyond the territory of Kuril Islands.
The share of the applicant's passive income (rent, interest income) does not exceed 10%
The applicant is not engaged in the following types of activities:
An applicant cannot be a reorganized business or a business whose owner’s (or its affiliated entity) share in the companies registered before January 1, 2022 in the Kuril Islands, exceeds 50% (Article 1, item 1 of the Federal Law “On amendments to Part 2 of the Tax Code of the Russian Federation”, No 50-FZ, dated 09.03.2022)
2.1. Registration of a legal entity on the territory of one of the urban districts of the Kuril Islands;
2.2. Send a written notification of the use of the right to exemption to the tax authority at the location of the participant no later than 30 calendar days from the date of its state registration to the Federal Tax Service of Russia for Sakhalin Oblast (Yuzhno-Sakhalinsk, 14 Karla Marksa St.; tel. +7 (4242) 740-200, or to its separate subdivisions: