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)
Presently a package of some additional preferences for RKI residents is under development, such as:
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. The applicant should notify the tax authority at the applicant’s location on exercising the right for the tax exemption no later than 30 calendar days after the date of the state registration. The applicant has the right to waive the right to the tax exemption from the 1st day of the tax period, subject to written notification to the tax authority no later than December 31 of the year preceding the year from which the applicant waived the right to exemption
2.2. Send a notification to the Federal Tax Service Directorate of the Sakhalin Region (14, Karla Marksa str., Yuzhno-Sakhalinsk, tel: +7 (4242) 740-200) or to its sub-divisions: