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Russia Extends Free Economic Zone Regime to Bryansk Region

|Approved Changes|Russia
Russia

Russia has published Government Resolution No. 854, which extends the Free Economic Zone regime to territories of the Bryansk region bordering the occupied Ukrainian territories of Donetsk, Lugansk, Kherson, and Zaporizhzhia. The Free Economic Zone regime, which applies for the occupied Ukrainian territories, provides several tax benefits, including a 0% corporate tax rate on qualifying investment projects and a reduced social security contribution rate of 7.6%, as well as customs duty exemp…

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