A Special Administrative Region

A special administrative region (SAR) is an area offering flexible tax and currency regulations for companies which have decided to relocate to Russia from a foreign jurisdiction.

To find out more, please visit: erdc.ru/about-sar

For non-residents dealing in a foreign currency

• Unlimited transfers of foreign currency and Russian roubles out of and into Russia, with no need to open an account
• Make payments in any available foreign currency and Russian roubles

• One-stop-shop policy for investors
• Support when choosing where to register
• Chance to build infrastructure sites
• Legal and accountancy services
• The international company or its subsidiary can be FPV residents

• Dividends for the international company. 0% shares > 15% and < 1 year tenure
  If the payer is a foreign company, this cannot be offshore (in accordance with the list held by the Ministry of Finance of the Russian Federation)
• Dividends from the international company to a foreign entity. 5% shares > 15% and> 1 year tenure.
  The foreign company cannot be offshore (in accordance with the list held by the Ministry of Finance of the Russian Federation)
  No more than 50% of assets can be real estate.
  Shares must not have been included in the share capital 1 year before or after the date on which the international company was registered (including where the company was acquired owing to restructuring)
• The profit of the international company is separate to that of the controller
• The profit of the controlled investment company is separate from the earnings of the international company up until 2029
• 0% VAT on sea freight on the territory of the Russian Federation (subject to registration on the Russian open ship register)
• When determining a tax base for tax on profit from operating vessels, earnings shall not be considered (subject to registration on the Russian open ship register)
• 0% transport tax on aircraft and sea vessels (subject to registration on the Russian open ship register or the state register of civil aircraft)
• 0% property tax for aircraft and sea vessels (subject to registration on the Russian open ship register or the state register of civil aircraft)
• 0% social security dues for ship crew (subject to registration on the Russian open ship register before 2027)