SPECIAL ADMINISTRATIVE REGION WITH FLEXIBLE REGIME OF TAX AND CURRENCY REGULATION FOR INTERNATIONAL COMPANIES AND POSSIBILITY OF REDOMICULATION AND INCORPORATION OF INTERNATIONAL FUNDS
ON AUGUST 3, 2018, THE PRESIDENT OF THE RUSSIAN FEDERATION VLADIMIR PUTIN SIGNED A PACKAGE OF LAWS PROVIDING FOR THE CREATION OF SPECIAL ADMINISTRATIVE REGIONS (SAR) WITH SPECIAL CONDITIONS OF CONDUCTING ECONOMIC ACTIVITIES FOR FOREIGN COMPANIES AND THE POSSIBILITY OF REDOMICATION AND INCORPORATION OF INTERNATIONAL FUNDS
SPECIAL ADMINISTRATIVE REGION
  • Oktyabrsky Island —

REGULATORY FRAMEWORK:
  • Federal Law of the Russian Federation No. 290-FZ «On international companies and international funds»
  • Federal Law of the Russian Federation No. 291-FZ "On Special Administrative Regions in the territories of the Kaliningrad Region and Primorsky Territory"
  • Federal Law of the Russian Federation No. 292-FZ "On Amendments to Article 1202 of Part Three of the Civil Code of the Russian Federation (on international companies)"
  • Federal Law of the Russian Federation No. 293-FZ "On Amendments to Articles 1 and 10 of the Federal Law "On Currency Regulation and Currency Control" regarding the possibility of making settlements when performing currency transactions without using accounts in authorized banks"
  • Federal Law of the Russian Federation No. 294-FZ "On Amendments to Part One and Chapter 25 of Part Two of the Tax Code of the Russian Federation (regarding the taxation specifics of international holding companies)"
  • Federal Law of the Russian Federation No. 295-FZ "On Amendments to certain Legislative Acts of the Russian Federation"
  • Federal Law of the Russian Federation No. 296-FZ "On Amendments to the Merchant Shipping Code of the Russian Federation regarding the creation of the Russian Open Register of Ships"

SAR LOCATION
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