Free economic zone

In accordance with Federal Law of the Russian Federation No. 377-FZ dated November 29, 2014 "Concerning Development of the Republic of Crimea and the City with Federal Status Sevastopol and the Free Economic Zone in the Territory of the Republic of Crimea and the City with Federal Status Sevastopol" a Free Economic Zone was established in the territory of the Republic of Crimea and the City with Federal Status Sevastopol since January 1, 2015.

The Free Economic Zone (FEZ) involves a special mode of entrepreneurship and other activities, as well as application of the duty-free customs treatment.

The FEZ will operate till December 31, 2039.
Legal entities and individual entrepreneurs may become participants of the FEZ.

The FEZ Management Bodies

Federal Executive Body empowered by the RF Government (Ministry of Economic Development of the Russian Federation)

FEZ Expert Boards in the territory of the Republic of Crimea and Sevastopol

Council of Ministers of Crimea (powers have been delegated to the Ministry of Economic Development of the Republic of Crimea)

Government of Sevastopol (powers have been delegated to the Economic Department of Sevastopol)

Presentation materials

Presentation concerning operation of the Free Economic Zone in the territory of the Republic of Crimea and the City with Federal Status Sevastopol (in Russian)

Presentation (PDF, 0.62 Mb)

BECOME A PARTICIPANT OF FEZ

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