Changes in tax legislation for SEZ residents

13.12.2023
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On January 1, 2024, amendments to the Tax Code aimed at simplifying access to tax monitoring for residents of special economic zones in Russia will come into force. These changes are introduced to facilitate tax accounting and reporting procedures and to maintain a more transparent and comfortable business environment in SEZs.

Tax monitoring will replace traditional audits with online interaction based on remote access to a taxpayer's information systems and its accounting and tax reporting. This means that residents of special economic zones who have entered into tax monitoring will be exempt from desk and field audits and will also be entitled to accelerated refunds of value added tax.

From now on, tax monitoring will allow not only to digitize accounting, avoid typical errors in accounting and tax accounting, but also to get support from tax authorities in real time.

More detailed information is available on the official website of the Federal Tax Service of Russia in the section «Tax monitoring».

Additional information can be obtained from SEZ Perm Management Company. Our team of specialists is ready to assist in various aspects.

We strive to ensure that all our residents receive the necessary support for the successful development of their business in the special economic zone of industrial and production type «Perm».