By 2028, a resident of the Arctic Zone of the Russian Federation will build a recreation complex in Arkhangelsk

According to the business plan, the resident will build a high-quality bathhouse complex, as well as infrastructure for active recreation. In addition to the indoor complex, the site will also feature sand-covered volleyball courts, a heated swimming pool, a recreation area, and parking. The Arctic Zone of the Russian Federation is the largest special economic zone in the world. It offers tax breaks and administrative preferences for residents, including preferential rates on corporate property, land, and profit taxes. A 75% subsidy on insurance premiums for newly created jobs is also available for 10 years. One of the advantages of doing business in the Arctic Zone of the Russian Federation is the opportunity to utilize the free customs zone regime, the provision of state- and municipally owned land plots without tender, and other preferences.