Now, 140 investment projects are planned there in the tourism, renewable energy, fish processing and construction sectors.

The creation of about 140 investment projects is envisaged under a new preferential tax regime for companies in the Kuril Islands, said Alexei Chekunkov, head of the Russian Far Eastern Development Ministry. TASS.

“This is an unprecedented package of advantages and preferences. We are considering 140 promising projects in the sectors of tourism, renewable energy, fish processing and the construction of new facilities. Foreign investors, especially from China and India, are showing interest,” he said. said at a working meeting of members of the State Duma Committee on the Development of the Far East and the Arctic with the head of the Ministry of Development of the Far East.

• • As astv.ru previously reported, the Government of the Russian Federation submitted to the State Duma a draft federal law “On amendments to the second part of the Tax Code of the Russian Federation” No. 27883- 8. The document provides for the creation of a preferential tax regime for taxpayers operating in the Kuril Islands area.

• • This tax regime provides benefits such as 20-year exemption from corporate income tax, corporate property tax, transportation tax, property tax and many more.