Bill “On Free Ports of the Russian Federation” brought up for public discussion (document)

Draft Federal Law “On Free Ports of the Russian Federation and on Introduction of Amendments into Certain Legislative Acts of the Russian Federation” has been brought up for public discussion. According to the United Portal for allocation of information on development of draft legal acts by Federal executive authorities and results of public debates, the procedure is to last August 2, 2015.

The Bill defines the ‘free port’ term, sets the rules for creation and functioning of free ports, regulates the issues of economic, production, investment and other activities within a ‘free port’, as well as customs procedures within a free customs zone and special tax treatment at such territories.

The document is available at the website of IAA PortNews>>>>