The Ministry started accepting applications from potential investors who want to get the status of a resident of the Arctic zone of Russia.
Legal entities and individual entrepreneurs who are registered in the Arctic and plan to launch a new investment project or other types of economic activities with a capital investment of at least one million rubles can become residents of the zone. At the same time, the company should not have tax and fee debts that would exceed 25 percent of the book value of assets. It should not be at the stage of bankruptcy, liquidation, or reorganization.