“We need to create competitive conditions here for our partners to work.
This means that the parameters of the tax burden, the cost of borrowed capital, the speed and quality of public services for business, acting here, must be globally competitive, ”he said at a plenary session of the Eastern Economic Forum.
Putin noted that these parameters should be the most attractive in the entire Asia-Pacific region.
“This is an extremely difficult task, but we must strive for it.
It is this, in fact, an unprecedented set of benefits and incentives that we will create in the Kuril Islands, ”the Russian leader added.
According to Putin, business on the islands will be exempted from paying key taxes on profits, property, land and transport taxes for ten years.
Earlier, Deputy Prime Minister, Plenipotentiary of the President of Russia in the Far Eastern Federal District Yuri Trutnev spoke about the plans of the authorities to attract foreign investors to the Kuril Islands.