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Four companies think about working in an offshore island on Russky Island - EastRussia | Far East

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Four companies are thinking about working offshore on Russky Island

The ability to re-register in a special administrative district in Primorye is now being considered by four companies. On the island of Russian in this status, while one company is working - "Finvizh Holdings".

The most profitable instrument for fulfilling the obligations of international companies to make investments, according to the Director General of the Far East Development Corporation (KRDS) Denis Tikhonov, is their investment in construction on Russky Island. In this case, the company or its subsidiary, having received the status of a resident of the free port of Vladivostok, will be able to count on serious benefits in respect of income tax, property, land, social contributions and other preferences.

According to the press service of the CRDC, the process of registering an international company takes seven days. The applicant submits an application, within two days it is considered for compliance with the requirements of the legislation and, if there are no remarks, sent to the FTS of Russia. Three days later, the organization receives registration as an international company. The DAC concludes an agreement with it on the implementation of activities.

The founder of “Finvizhn Holdings” Artem Avetisyan, noted that he was glad to leave Cyprus for Vladivostok, since this saved the company from many problems. As one of the key shareholders of Vostochny Bank, the company supported the development of the financial infrastructure of the Far Eastern Federal District, and attractive conditions for the investor make doing business in Primorye convenient. The first resident in the offshore "Finvizhn Holdings" became in September of this year.