“New Russian” offshore — a fairy tale or a true story?” — Tatiana Tereshchenko for the blog Pravo.ru
3 August 2018 published a package of laws No. 290-FZ, 291 f, 294-FZ on international companies, amendments to the tax code and special administrative regions.
Their rules make us think about whether the Russian Island in Primorsky Krai and the Oktyabrsky island in the Kaliningrad region are today's alternative to foreign offshore companies?
The legislator offers foreign commercial organizations, if they directly or indirectly through their affiliates carried out activities in several countries, including the Russian Federation, and were originally registered in the country - party FATF or Manivel, register an international company in the Russian Federation, change the personal law and engage in investment activities in the territory of special administrative regions.
The first investment must be made within six months from the date of registration and amount to at least 50 million rubles. The legal basis for this can be PPP agreements, special investment contracts, and any other contract.
To take advantage of tax benefits, you need to additionally obtain the status of an international holding company.