Deputy Minister of Economic Development of Russia Sergey Galkin presented draft laws on amendments to the federal law on Special Economic zones (SEZ) and on amendments to the Tax Code of the Russian Federation at a meeting of the State Duma Committee on Economic Policy. The proposals were supported by the State Duma Committee.
The draft law proposes to simplify the procedure for obtaining the status of a SEZ resident, simplify the administration of the SEZs themselves and combine several types of SEZs. A single document will be signed between the Ministry of Economic Development, the management company, the region and the municipality for the creation, management of the SEZ and the transfer of some powers. This will reduce the time by several months, – said Sergey Galkin.
The Deputy Minister also noted that the bill proposes to replace the business plan with the passport of the investment project when applying for residency.
-Such “flexibility” of the mechanism will allow making a decision on the investor in 15 days instead of the current 40. The importance of fulfilling agreements for residents is growing at the same time – there is a restriction on the purchase of land. The investor will receive the right to purchase the plot only in case of construction of the object specified in the agreement on it,” the deputy minister stressed.
In conclusion, Sergey Galkin noted that it is proposed to combine industrial-production and technical-implementation types of zones into industrial-technological ones and reduce the number of types from 4 to 3.
-In the current economic situation, it is very important to support business. The Ministry of Economic Development of Russia has proposed a significant simplification of the procedure for obtaining the status of a SEZ resident, so that more investors will be able to receive preferential conditions for the development of their production facilities available in the territories of special economic zones. This will stimulate the development of industries that are in urgent need of import substitution today, among which the chemical industry is one of the priorities of our Kulibin SEZ,” commented Igor Ishchenko, General Director of the Nizhny Novgorod Region Development Corporation.