Business in Russia

An Overview

Why Invest in Russia?


Tax Incentives

In the last couple of years, the Russian legislature has been prolific in developing changes to tax legislation.

ADVANTAGES FOR INVESTORS

Comfortable Administrative Regime Tax Incentives Ready Infrastructures Free Custom Zone

COMFORTABLE ADMINISTRATIVE REGIME

A special legal framework and management system. Minimal administrative barriers.


ECONOMIC GROWTH

Russia’s domestic consumption amid a politically stable atmosphere has paved the way for economic growth in the country.

WORLD ECONOMIC INTEGRATION

Promoting the integration into the world economic system and provides favourable conditions for the advancement of all business sectors.

RICH EXPORT ECONOMY

Russia's export economy ranks as one of the largest in the world.

Anton Siluanov

Anton Siluanov

Finance Minister of Russia

“Our financial sector, I can see it in government bonds, is growing, growing by leaps and bounds. Look, our government bonds are being purchased, including by foreigners, with a significant excess of demand over supply — sometimes three or six times more in a session," Quoted as saying by the Prime news agency.

Anton Siluanov,
St. Petersburg Economic Forum 2015


Oil Production

The world's greatest oil distributors

Russia

14.05%
Saudi Arabia

13.09%
United States

12.23%
China

5.15%

Russia is the largest oil producing country in the world in 2015.

Its current production reaches to 10,590,000 barrels of oil per day which helps in delivering 14.05% of the total oil needed the world.

Even though Russia faced its biggest financial crisis in over a decade earlier this year, it still is at the number 1 spot in the list of top 10 biggest oil producing countries in the world 2015.

Top 10 Largest Oil Producing Countries in 2015,
Top Tens Central

10 Years Government

Creates and Develops Points of Growth

Security and guaranties from government

Special business conditions

Severe conformity to standards of WORLD TRADE ORGANISATION


Tax Incentives

Ready Infrastructure

Free Custom Zone

SEZ IN NUMBERS

0

Almost 400 company-residents

0

More than 70 foreign investors from 29 countries

0

More than 15,000 jobs created

$8 bil.

More than 8 bil. USD declared residents investments

1:3

ratio of public to private investments

$3 bil.

Almost 3 bil. USD realized residents investments

Resident Sphere of Activity


Car Components

Common Consumption Goods

Tourism


The Construction and Consumption of Ships

Machinery and Equipment

Petrochemicals


Building Materials

Information Technology

Pharmaceuticals


Foreign Investments

$0

2.5 bil.USD declared investment from 29 countries

USA

645

Japan

455

Turkey

284

China

261

Germany

202

France

131

Switzerland

80

Italy

75

The leaders in terms of declared investment in mln. USD


$0

1.6 bil.USD realized investment from 29 countries

USA

498

Turkey

389

Germany

195

Japan

143

France

135

Switzerland

96

Denmark

78

Belgium

78

The leaders in terms of realized investment in mln. USD

Tax Incentives

Russia SEZ*
Income Tax, % 20 0-15.5
Property Tax, % 2.2 0
Land Tax, % 1.5 0
Vehicle Tax (Europe/HP) 0.1-3.5 0
Social Taxes and Fees, % 30 14
Cost of Land 100% Market Price 4-5% of Cadastral Value of Land

* Depending on SEZ

FREE CUSTOMS ZONE

0%

Of the duty on imports of equipment, components and materials imported into the SEZ

VAT on import of equipment, components and materials imported into the SEZ

Export duties on finished products exported outside the Customs Union

How to become a resident

  1. CHOOSE THE TYPE OF BUSINESS AND SEZ
  2. PROVIDE A BUSINESS PLAN
  3. CONCLUDE THE BUSINESS ACTIVITY AGREEMENT

Any further Questions about business in the Russian Federation?

Do not hesitate to contact us for the answers!