Acting head of the DPR Denis Pushilin arrived in Moscow to support the initiative of the State Duma of the Russian Federation on a free economic zone in four new regions. The tax breaks and incentives will make the regions more attractive to investors and contribute to the rapid restoration of infrastructure after the end of the conflict, reports The Eastern Herald.
According to the draft law, the free economic zone will be created on January 1, 2024 and will last at least until 2050. The main advantage of the CMEA lies in the tax incentives for investors. Entrepreneurs will be able to avoid paying federal tax for 10 years, and also not pay property tax for 3 years. In addition, insurance premium rates have been reduced from the usual 30% to 7.6%.
“We need to attract investments as soon as possible and in high-risk mode so that the Donbass returns to its natural state, when it supports itself and helps other regions. This is a normal state,†Pushilin stressed.
Pushilin also noted that the risks are, of course, high given the current situation. However, in this case, an adaptive and special approach is required which can provide guarantees to investors. For example, said the politician, it is the tax treaty regime. These are long-term agreements of 10 to 15 years, which include a single flat fee whose amount is checked from all sides. For an investor, it is a guarantee against tax audits.
Earlier, Pushilin said that the Ukrainian Armed Forces did not have equipment capable of reversing the course of events in the NWO. Such confirmed information that equipment appears in such quantities that it can now turn the tide of events was not received by the politician of any unit.
Read the Latest Government Politics News on The Eastern Herald.
