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RUS / ENG

Creation of special economic zone (SEZ) within the territory of Voronezh region

Creation of special economic zone (SEZ) is planned within the territory of Voronezh region.

It took a long time from the Government of the Voronezh Region to discuss the question with the Ministry of Economic Development of the Russian Federation. As a result, decision about creation of special economic zone (SEZ) within the territory of Voronezh region was accepted. Currently, a set of necessary documents is being prepared to be handed in Ministry in October 2015.

Creation of the first phase of the SEZ is planned to be completed at the end of the first quarter of 2016. It will be realized near the territory of the biggest industrial park in the Central Black Earth Region, which is called “Maslovskyi”.

It is crucial, that the SEZ regime provides special system of tax and custom benefits and preferences for residents. Income tax rate, which is to be paid in regional budget, is reduced from 13,5% to 0 %. Residents are exempted from wealth and transport tax. According to the Federal Law, accepted 22.07.2015 № 116 – FL “About SEZ in the Russian Federation”, the free economic zone customs regime is implemented over SEZ, which allows import foreign goods to be imported with an exemption from both import duties and VAT. Moreover, the procedure of tax immunity is applied to the residents of SEZ, thus, changes of tax legislation, which deteriorate the state of the investor are not extended over residents.

Creation of the SEZ within the territory of the Voronezh region will have a significant effect, as it will help to create additional working places, develop export and import, implement new methods of management and organization of work, increase competitive advantage of output.

Special economic zone in the Voronezh region offers an opportunity for Russian and foreign investing companies in the sphere of business development, manufacturing and introduction of products to the Russian and international markets.

Regional authorities invite reliable partners to allocate within the territory.

Reference:

According to the Federal Law, accepted 22.07.2015 № 116 – FL “About SEZ in the Russian Federation”, the special economic zone is a part of the territory of the Voronezh region, which is defined by the Government of the Voronezh Region. The special regime of entrepreneurial activity is applied to the territory as well as the free economic zone customs regime.

Creation of the special economic zones is stipulated by the necessity to develop processing industry, high-technology industry, tourism, sanatorium-resort sphere, logistic branch, process development and commercialization of the results, production of new output.

At the moment 26 special economic zones are registred within the territory of the Russian Federation.

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