The islands of Sakhalin, Iturup, Kunashir and Shikotan are connected by the "Sakhalin-Kurils" submarine fiber-optic communication line (FOCL). The line runs along the bottom of the Sea of Okhotsk, with a length of over 850 km and a bandwidth of 40 Gbit/s, expandable to 80×100 Gbit/s. High-speed internet is available to: homes and apartments of Kuril Islands residents, government agencies, hospitals, schools, cultural centers
The high-speed internet enables implementation of various IT projects: software development, website and mobile app creation, business process automation and much more. This is relevant for both startups and large companies across industries like fintech, education, healthcare, etc
The Kuril Islands offer the country's best preferential regime for IT development. For comparision, Skolkovo residents: 10-year reduced profit/property tax rates. Kuril Islands companies: complete 20-year tax exemption
Enterprises registered in the Kuril Islands are exempt for 20 years from:
Corporate profit tax
Corporate property tax
Land tax
Transport tax
Insurance contributions reduced from 30% to 7.6%
Equipment and materials imported for use in the Kuril Islands are exempt from customs duties
For IT enterprises, reduced insurance contributions apply to remotely working employees
No government agreements or accreditation required to obtain tax benefits. No activity reporting needed. Benefits are granted based on notification to tax authorities
No ownership of 50% or more shares in companies registered in the Kuril Islands before January 1, 2022
No branch offices outside the Kuril Islands
No engagement in prohibited activities, including:
Intermediary/agency services Trading (except for goods of own production) Production/processing of excisable goods Extraction/processing of hydrocarbon raw materials Harvesting of valuable crustacean species
Passive income share (rent, interest income) does not exceed 10% of total revenue
Official portal of the Ministry of Investments of the Sakhalin Region
Bank Details: Account Number: 40703810920000000220 Bank Name: Branch "Khabarovsk" of JSC "ALFA-BANK" BIC: 040813770 Bank TIN: 7728168971 Correspondent Account: 30101810800000000770 at BANK OF RUSSIA, KHABAROVSK BRANCH Bank KPP (at location): 272143001 OKPO Code: 09610444 OKATO Code: 45286565000 OKTMO Code: 45378000000