Territory of Advanced Development
A Territory of Advanced Development is a part of the territory of a subject of the Russian Federation, including a closed administrative-territorial formation, and (or) the waters of water objects, on which, in accordance with the decision of the Government of the Russian Federation, a special legal regime for conducting entrepreneurial and other activities has been established in order to create favorable conditions for attracting investments, ensure accelerated socio-economic development, and create comfortable conditions for the livelihoods of the population1.
Federal Law No. 473-FZ dated December 29, 2014 "On Territories of Advanced Socio-Economic Development in the Russian Federation". 2014, amended on January 11, 2023, Article 2, paragraph 3. ↩