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Free Port Vladivostok

Free Port Vladivostok (FPV) is a territory where investors enjoy special regimes of customs, tax, and administrative regulation.

 

On Sakhalin, the FPV regime is effective in two districts:

-         Korsakov Municipal District

-         Uglegorsk Municipal District

 

Tax benefits:

1. Income tax at the rate of 0 % for the first 5 years and 18% for the next 5 years.

2. Property tax at the rate of 0 % for the first 5 years and 1.1 % for the next 5 years.

3. Land tax at the rate of 0 % for the first 5 years.

4. Insurance premiums of 7.6% for 10 years

 

Administrative Preferences

1.     Free Customs Zone – duty-free import

2.     Attraction of foreign labor WITHOUT quotas

3.     Investor support through a "single window" system

4.     Reimbursement of infrastructure costs for residents

 

Who Can Become a Resident of SEZ?

1. Requirements for an Applicant Seeking Resident Status:

- A legal entity or individual entrepreneur registered within the FPV territory

- The legal entity or individual entrepreneur intends to engage in new types of activities

- Minimum investment of 500,000 rubles within 3 years after obtaining resident status

- No tax arrears or outstanding liabilities for the legal entity or individual entrepreneur

- The company must not be undergoing reorganization, liquidation, or bankruptcy

 

Types of activities not eligible for state support measures:

-Financial and insurance activities

-Organization and conduct of gambling activities

-Wholesale and retail trade, except for the sale of goods produced by a resident of the FPV within the territory of the FPV, in accordance with the agreement on the implementation of the resident’s activities.

2. Preparation of the Document Package

Main documents:

- Application

- Business plan

- Founding documents

-Certificate of state registration / Extract from the Unified State Register of Legal Entities (EGRUL)

-Certificate of tax registration

 

Additional documents:

•        Financial model of the investment project (justification of the indicators provided in the business plan)

•        Financial statements for the previous three years and breakdown by type of activity (for existing enterprises)

•        Copies of title documents for the land (if available)

 

3. Submission of the Application

 

How to become a resident of FPV?

•        Development and packaging of the investment project together with the Management Company (30 days)

•        Preparation of the document package for application submission (7 days)

•        Submission of the application and documents (10 days)

•        Signing the agreement and inclusion in the resident registry