The Russian government is planning the creation of a free economic zone in the occupied Ukrainian territories of the Donetsk, Lugansk, Kherson, and Zaporizhzhia. Qualifying taxpayers operating in the free economic zone would be eligible for the following incentives:
- 0% corporate income tax paid to the federal budget for 10 years;
- 0% to 13.5% corporate income tax paid to the regional budget, depending on the type of business activity;
- Property tax exemption for 10 years;
- Reduced social securi…