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Applications for obtaining the status of a resident of the Arctic zone have begun
On August 28, the acceptance of applications from investors who want to become residents of the Arctic zone of Russia started. On the same day, a package of federal laws on the system of preferences in the Arctic came into force.
According to the press service of the Ministry for the Development of the Russian Far East, an application can be submitted on the website arctic-russia.ru. In the investor's personal account, it will be possible to work out the application, having formed a package of documents, and become a resident within ten days.
Legal entities and individual entrepreneurs registered in the Arctic can apply for the status of a resident of the Arctic zone. They must plan to implement a new investment project or launch a new type of economic activity with capital investments of at least one million rubles. At the same time, the company should not have tax and duty arrears of more than 25% of the book value of assets, the organization should not be in the stage of bankruptcy, liquidation or reorganization.