Crimean ports will eliminate taxes and insurance premiums
Moscow - Simferopol, May 06 (Navigator, Mikhail Stamm) - The bill on a special economic zone in Crimea involves the introduction of a “free port” regime, follows from the bill of the Ministry of Economic Development.
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There are five cargo ports in Crimea: Evpatoria, Feodosia, Kerch, Sevastopol and Yalta, their total cargo turnover in 2013 was . fell by 29% - to 11,34 million tons, mainly due to a decrease in transshipment of coal and grain in Kerch, according to data from the Ukrainian seaports administration.
For state regulation in the field of maritime transport on the territory of Crimea, a Maritime Agency of Crimea will be created, which, among other functions, will maintain the International Register of Ships of the Maritime Agency of Crimea. The purpose of creating the register is to give shipping companies flying the Russian flag the preferences of a “flag of convenience,” the document says. RBC reports this.
Owners of ships on the register will receive VAT and income tax benefits, they will be exempt from transport tax and property tax, and until 2039. — and from paying insurance premiums from crew earnings.
Crimean ports will be exempt from taxes and insurance premiums.