Ministry for the Development of the Far East and Arctic presents draft law on the creation of a unified territory of advanced development for the Far Eastern Federal District and the Arctic

© RIA Novosti / Valery MelnikovView of the cable-stayed bridge over Zolotoy Rog Bay to Russky Island in Vladivostok
View of the cable-stayed bridge over Zolotoy Rog Bay to Russky Island in Vladivostok
The Ministry for the Development of the Far East and Arctic (Minvostokrazvitiya) has developed and submitted for public review a draft law establishing a unified territory of advanced development for the Far East and the Arctic Zone of the Russian Federation. The draft provides for the creation of a unified preferential regime for new investment projects in the Far Eastern Federal District and the Arctic, according to the ministry’s press service.
The draft was developed jointly with the Far Eastern and Arctic regions, the State Duma, and the Federation Council, as well as State Council commissions, regulatory bodies, and the business community.
As Minvostokrazvitiya head Alexei Chekunkov noted, the new draft builds on over a decade of experience in implementing state support measures across the Far East and the Arctic.
“The unified TAD will allow for even more precise calibration of incentives and budgetary development needs, accelerate economic diversification, and increase the added value generated in the Far Eastern and Arctic territories. Additional incentives are being introduced for investors, while the conditions stipulated in the existing agreements with residents of TADs, the free port of Vladivostok, and the Arctic Zone of the Russian Federation remain in effect,” he stated.
The unified territory of advanced development will take effect on January 1, 2027. The draft law will establish unified rules for obtaining resident status under the UTAD for new investment projects. The minimum threshold of capital investment for a project is set at 100 million rubles. Meanwhile, for projects valued at 1 billion rubles or more, the investor will be eligible to opt for a federal investment tax deduction with enhanced parameters in lieu of the profit tax incentive.
Furthermore, the law provides for reduced social contributions – 15 percent for five years, but for no later than three years from the date of UTAD establishment. Employees must permanently reside in the respective region of the Far Eastern Federal District or the Arctic, and their wages must exceed the average monthly wage in that region for the specific type of activity.
Minister for the Development of the Russian Far East and Arctic Alexei Chekunkov
Minister for the Development of the Russian Far East and theArctic briefs the President on the unified preferential regime