Encyclopedia

Special Economic Zones


Special economic zones — a part of the territory of the Russian Federation, which is determined by the Government of the Russian Federation and on which a special regime for conducting business activities is in effect, as well as a customs procedure of a free customs zone may be applied (ceased to be in force from 2023-09-01)1.

Special economic zones — 6. A special economic zone, except for a port special economic zone, is established for twenty years. Port special economic zones are established for forty-nine years. The period of existence of a special economic zone cannot be extended2.

  1. Federal Law No. 116-FZ dated 2005 "On Special Economic Zones in the Russian Federation", as amended on 2020-12-30, Article 2, subpara. 1, ceased to be in force from 2023-09-01 // RSZ RF. 2005. No. 30. Art. 3127. ↩

  2. Federal Law No. 240-FZ of October 30, 2007, "On Amending the Federal Law 'On Special Economic Zones in the Russian Federation' and Certain Legislative Acts of the Russian Federation," as amended on November 27, 2017, Article 1, Subparagraph 3 // RSZ RF. 2007. No. 45. Page 5417. ↩