Residents are offered the main types of tax and credit incentives for business development:

 

Tax type

Tax rate excluding benefits

Tax rate taking including benefits /
preferences

Duration of benefits /
preferences

The basis of the benefits /
preferences

1

Land tax

1.5% of cadastral value

0%

5 years from the month of the emergence of ownership of the land

par. 9 of art. 395 of the Tax Code of the Russian FederationФ

Tax Code of the Russian Federation (part two) .pdf

2

Corporate property tax

2.2% of the cost

0%

10 years from the month following the month of registration of property

par. 17 of art. 381 of the Tax Code of the Russian Federation

Tax Code of the Russian Federation (part two) .pdf

3

The lowered rate of income tax to be credited to the budget of a constituent entity of the Russian Federation

20%

13,5%

For the duration of the agreement on the conduct of tourist and recreational activities of a resident of SEZ

art. 2 of the Irkutsk Region Law No. 60-OZ "On Lowered Tax Rates of Corporate Profits Tax to be transferred to the Regional Budget for Certain Categories of Taxpayers"

The Law of the Irkutsk region dated 12_07_2010 N 60-OZ.pdf

4

Preferential connection to power grids (no technological connection fee)

Depends on the engineering network

0 rubles.

For the duration of the agreement on the conduct of tourist and recreational activities of a resident of SEZ

Federal Law of July 22, 2016 No. 116-FZ "On Special Economic Zones in the Russian Federation"

Federal Law of 22_07_2005 N 116-FZ.pdf

5

Privileged conditions for the lease of land plots

Depends on the plot

0.01-0.02% of the cadastral value

For the duration of the agreement on the conduct of tourist and recreational activities of a resident of SEZ

Order of the Ministry of Economic Development of Russia dated July 14, 2006 No. 190

Order of the Ministry of Economic Development of Russia from 14_07_2006 N 190.pdf

6

Privileged conditions for the redemption of land plots

Market price

Not higher than the cadastral value

After the investment project implementation

Federal Law No. 116-FZ of 22.07.2005 "On Special Economic Zones in the Russian Federation"

Federal Law of 22_07_2005 N 116-FZ.pdf