EU extends anti-Russian sanctionsWorld June 28, 13:34
Russia starts design work on Priboy advanced helicopter carrierMilitary & Defense June 28, 13:29
Russian hi-tech firm to unveil concept of new corvette armed with 24 cruise missilesMilitary & Defense June 28, 13:21
Ukraine’s Internet association chief rules out Russia’s role in Petya ransomware attackWorld June 28, 13:03
Press review: Russia's 'Korean de-escalation' roadmap and India's balancing actPress Review June 28, 13:00
Defense Ministry refutes BBC reports on alleged capture of Russian serviceman in UkraineRussian Politics & Diplomacy June 28, 12:50
Pilot model of advanced marine engine to be built in near futureMilitary & Defense June 28, 12:41
Moscow alarmed at US remarks that Damascus may be ‘preparing chemical attack’Russian Politics & Diplomacy June 28, 12:37
Poll shows Russians see US and Ukraine as main sources of military threatSociety & Culture June 28, 11:52
The special economic zone covers the whole territory of the Kaliningrad region. It was established for a term until the year 2031 for purposes of promoting the social and economic development of the Kaliningrad region. Kaliningrad companies which undertake investments projects enjoy taxation privileges, including zero income and property tax charged for six years since the companies were founded, a 50% taxation discount granted to such companies from the sevenths until the twelfth year in business, zero land tax authorized for term of five years and tax-free imports of foreign goods with no Customs fees or taxes charged.
In accordance with the WTO regulations, since April 1, 2016 a transitional period for enterprises, which operate in the special economic zone, expires; starting from that date foreign-made goods imported by the Kaliningrad region are subject to Customs fees and the value added tax.
In this connection the government has been developing measures of support to juridical entities and private entrepreneurs in the Kaliningrad region. An interdepartmental working group has been set up to specify concrete measures of support.