The deputies proposed to turn the Crimea in the offshore


Sergey Fomin /

A package of bills on the transformation of Crimea into an offshore prepared by the Chairman of the Duma Committee on international Affairs Alexei chepa. In addition to the expansion of tax benefits amendments proposed mechanism for the creation of trusts in the Peninsula, who will be able to provide investors with anonymity and will not be afraid of sanctions, reports “Kommersant”.

The newspaper reminds that in 2014 the then existing Mindcrime has taken the initiative to create in the Crimea in the offshore zone, with the possibility of use in its territory of foreign law. However, because of the sanctions from the idea decided to give up. Three years later, the issue returned to the state Duma.

Chepa has developed two bills: the first is an amendment to the Tax code, the second to the Civil code and to a half dozens of laws. In the documents not yet submitted to the Duma, it is proposed to legalize a new form of limited liability company “international company” and enter article “International trusts” and “family foundations”. The current law on the Crimea FEZ to add Chapter “international transit zone”, freeing the income of its residents from VAT, profits tax and property. They will have to pay only the annual tax levy in the amount of 1.5 thousand euros.

Foreign banks, insurance companies, pension funds and brokerage companies invited to give the opportunity to work without a license (if applicable in your state), and output operations in the International transit area of the exchange control.

Experts interviewed by “Kommersant” reminds that the initiative runs counter to efforts by the G20 and the OECD on the fight against offshore companies and Russia may face with the failure of other States to cooperate in the framework of the project on the exchange of tax information.

In the third international Yalta economic forum (AMAF), which was held a week ago, was attended by delegations from 46 foreign countries. During the work of the forum was signed more than 30 contracts worth above 100 billion rubles. “In a few years we will witness the fact that the Russian Crimea — is, in General, the Russian Monaco, will be a queue of investors”, — said the Chairman of AMAF Andrei Nazarov.

In July 2016, the Founder of social network Vkontakte and messenger Telegram Pavel Durov has proposed to create in Russia “offshore information”, i.e. the territory, which would not act copyrights and patents, American and European companies. “This measure would be more relevant for the twenty-first century than counter-sanctions and military exercises. To reduce the risks of offshore information can be localized in the Crimea, a territory that, from the point of view of the Western world, and so is outside the law,” — said Durov.