More than 50 participants are registered in the SAR on Russky Island in Primorye
In Primorsky Region, the number of international companies that have become members of the Special Administrative Region (SAR) on Russky Island has grown to 51, their total assets exceed 4 trillion rubles.
In the first half of 2023, 34 new companies became members of the SAR, which is 2 times more than in all previous years. The high dynamics of “relocation” of companies is primarily due to the growing foreign policy and sanctions risks. Business is attracted to the Far East by the constantly improving conditions for the work of holding companies in the SAR at the legislative level, and the turn of the country's economy to the East.
“The main task of the SAR is to protect assets and create comfortable conditions for the operation of international holding companies with Russian roots. According to our estimates, by the end of 2023, more than 20 companies plan to become members of the SAR on Russky Island. “The main task of the SAR is to protect assets and create comfortable conditions for the operation of international holding companies with Russian roots. According to our estimates, by the end of 2023, more than 20 companies plan to become members of the SAR on Russian Island. It is important for holding companies to obtain conditions that are no worse than in foreign jurisdictions, including through the creation of a high-quality business infrastructure,” said Pavel Sheika, director of the KRDV department for supporting ATS.
In Primorsky Region, the number of international companies that have become members of the Special Administrative Region (SAR) on Russky Island has grown to 51, their total assets exceed 4 trillion rubles.
In the first half of 2023, 34 new companies became members of the SAR, which is 2 times more than in all previous years. The high dynamics of “relocation” of companies is primarily due to the growing foreign policy and sanctions risks. Business is attracted to the Far East by the constantly improving conditions for the work of holding companies in the SAR at the legislative level, and the turn of the country's economy to the East.
“The main task of the SAR is to protect assets and create comfortable conditions for the operation of international holding companies with Russian roots. According to our estimates, by the end of 2023, more than 20 companies plan to become members of the SAR on Russky Island. “The main task of the SAR is to protect assets and create comfortable conditions for the operation of international holding companies with Russian roots. According to our estimates, by the end of 2023, more than 20 companies plan to become members of the SAR on Russian Island. It is important for holding companies to obtain conditions that are no worse than in foreign jurisdictions, including through the creation of a high-quality business infrastructure,” said Pavel Sheika, director of the KRDV department for supporting ATS.
