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Two years of existence of the Free Port of Vladivostok regime brought billions of investments and several problems at once - EastRussia | Analytics of the East of Russia

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SPV is pulled out of bureaucratic diapers

Two years of the regime's existence brought billions of investments and several problems at once

The regime of the free port of Vladivostok (SPV) last week turned exactly two years. That Free port grew, EastRussia already wrote: this, it would seem, is evidenced not only by the statements of officials responsible for the regime, but also by statistics. At a press conference on the "birthday" of the SPV, however, did not begin to hide that the regime has problems. For example, it is still difficult for residents to realize the right to land for projects without bidding, which is granted to them by law, but is difficult to implement due to bureaucracy, and it is too expensive to use the free customs zone regime. Some "buns" for investors did not work at all, for example, accelerated VAT refund. As it is planned to correct, EastRussia listened.

SPV is pulled out of bureaucratic diapers
Photo: Ministry of Economic Development of the Russian Federation
PORT SET TEMP

According to forecasts, which were announced at a press conference by First Deputy Director General of the Far East Development Corporation JSC Vladimir Pechurchik, by the end of the year the number of applications filed by potential residents of the free port of Vladivostok (SPV) will exceed 600 pieces. By mid-October, that is, for the two expired SPV preferential regimes, the 522 investor with a total investment of more than 421 billion rubles wished to become residents. The agreements were signed almost with 300 residents who are willing to invest more than 300 billion rubles and employ around 33 thousands of people in established enterprises. Most projects in the construction industry, manufacturing, logistics.

Among potential and existing residents there are foreign investors - in total, the CIDA received 27 applications for projects with foreign capital. The business is led from China with 12 applications, investors from Japan and the Republic of Korea are expected to be in second and third place. Their interests are concentrated in the construction of hotel and residential complexes, the agro-industrial sector, the creation of enterprises for the production of automobiles, sawn timber, and complexes for the shipment of coal.

"Now we can already see the first success stories," says Vladimir Pechurchyk. - In a total of two years, the residents of St. Petersburg have implemented 25 investment projects. In fact, investments in the amount of 3,8 billion rubles were made, 524 jobs were created. Until the end of the year, it is planned to launch more 20 new projects. Thus, following the results of the two-year existence of the regime, 45 enterprises will be introduced. Among the projects implemented are logistic complexes, production companies that produce new generation vessels, lighting equipment, fishing gear, building mixes, two companies in the diamond industry, companies engaged in recreational activities, and much more.

Both in the KRRD and in Minvostokrazvitiya are sure: such results indicate that the instruments for the development of the macroregion have been chosen correctly. There are no similar preferences in the territory anywhere else. For clarity, Pavel Volkov, Deputy Minister of RF for the Development of the Far East, suggests paying attention to the difference in payments of taxes and insurance fees:

- According to the World Bank methodology, the total tax burden on enterprises in Russia, including insurance contributions to the Pension Fund, Social Insurance Fund, medical fund, is 47%. In SPV, the same aggregate load is 10,7% for 10 years. In such conditions, it is profitable to invest, the risk associated with them is lower, the payback is faster.

EARTH, CUSTOMS, VAT

The official emphasizes that work on improving the regime of SPV is ongoing. “We have a number of tasks that we solve at the tactical and strategic level. There is a discussion about the effectiveness of tax incentives and insurance payments. There is an important decision of the president, which will allow to apply lower insurance premiums up to 2025 of the year, despite the fact that previously the benefits were terminated in 2019. There is a constant work on expanding the SST - now the decision on the extension of its regime to the Sovetsko-Gavansky district in the Khabarovsk Territory is in a high degree of readiness, and we are also considering other municipalities, ”he says.



At the same time, the regime also has problematic sides. Among the preferences of SPV - the provision of land without bidding, the ability to attract foreign labor without quotas, reduced time for scheduled and unscheduled inspections, the introduction of free customs zone. For example, the norm on simplified land allocation is valid, but bureaucratic barriers were revealed in the legislation (EastRussia wrote about the problems of residents with land more than once, see, for example, the material "The Freeport has nowhere to turn around"). In the near future, the ministry will submit a bill to the parliament, which should simplify the receipt of land by residents. In addition, we should expect to simplify the arrangement of the customs control zone, which the resident must create, in case he uses the free customs zone (FTZ) regime. "According to my colleagues from business, arranging a very small zone of customs control costs from 10 million rubles, which is quite significant. Sometimes it is easier to clear the goods according to general rules, "Pavel Volkov said.

As practice has shown, some residents do so, generally giving up preferences because of complexity in implementation and high costs. As the commercial director of the UNION transport-logistic complex (Avesta LLC) Sergey Khodov said, their company is one of those who refused the STZ regime precisely because the territory at the disposal of 20 ha territory was more difficult and expensive to equip the fence than to pay the full duty for a gantry crane bought abroad. Nevertheless, the management of the enterprise is waiting for the simplification of the regime, in order to use it in the future.

"We use tax preferences, the first to receive such a preference as an additional land plot without a bidding procedure, working with the KRDV to work out the issue quickly and qualitatively," he said. In addition to the simplification of the STZ regime, the company counts on the promised introduction of an accelerated VAT refund, which has not yet been implemented.