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The resident of the offshore zone on Russky Island became “Donalink” from Melnichenko Holding - EastRussia | Far East

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The resident of the offshore zone on Russky Island became "Donalin" from Melnichenko Holding

The Donalink company, which is part of Andrei Melnichenko’s joint stock holding, received the status of a resident of a special administrative region (SAR) on Russky Island in Primorye. The main purpose of redomiciliation was the transfer of assets to Russia.

The company plans to continue its investment activities and develop a business presence in the Far East. At the same time, a resident of the Russian offshore zone intends to maintain its presence in international markets. According to the press service of the Far East Development Corporation, now Donalink will invest at least 50 million rubles for six months.

The law on the creation of special administrative districts on the islands of the Russian and October President of Russia signed in august 2018 of the year. The first company to be registered offshore in the Far East Finvizh Holdings. In the second quarter of this year, nine companies registered in Cyprus, will move to the Russian offshore. The translation of En + Oleg Deripaska’s holding in July will be a landmark for domestic tax havens.