In the SEZ “Alabuga” the investors are granted with set of tax preferences and also enjoy the preferential customs treatment in their export-import activity.
Tax incentives
Tax incentives for the residents of the SEZ Alabuga are guaranteed by the Federal Law No 116-FZ, dated 22 July, 2005, “On Special Economic Zones of the Russian Federation” that forbids aggravating of fiscal conditions for the SEZ residents. A range of guarantees is confirmed by the contract between the resident and the Joint Stock Company «Special Economic Zones».
|
Tax
|
Tax rate for resident-companies
|
Tax rate for non-resident companies
|
|
1. Profit tax
|
15,5%
|
20%
|
|
2. Property tax
|
0%
|
2,2%
|
|
3. Land tax
|
0%
|
1,5%
|
|
4. Transport tax:
· passenger cars with of engines of 100 h.p. and below
· lorries with engines of 250 h.p. and above
|
0,0
|
0,3$ (per h.p.)
2$ (per h.p.)
|
|
|
• A reduced profit tax rate of 15.5% as opposed to standard 20%;
• Transport tax exemption for ten years from the vehicle registration date;
• Property tax exemption for ten years from the date of recording the property on the balance sheet;
• Land tax exemption for ten years for land plots located on SEZ territory.
Customs preferences
Free customs zone regime allows the investors to avoid extra costs associated with importing the equipment, resources and materials or exporting the finished goods.
|
|
Benefits of "Free customs zone" regime
|
1. Foreign equipment
|
Foreign goods and equipment are placed and used within the premises of the SEZ "Alabuga" free of Customs duties (5-25%) and Value-added tax (18 %).
|
|
2. Russian goods
|
Russian goods are placed and used on the terms and conditions applicable to exportation in accordance with the customs export regime involving payment of the excise tax and without the payment of export customs duties. (The application of the free customs zone regime to the goods is the subject of the investor’s decision).
|
|
|