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5th CIS LOCAL COUNSEL FORUM 24 June 2010 Sochi Winter Olympics: an investment project (in the context of the Olympic symbols) Yuri Pustovit Managing partner Advocates Bureau Yug
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Kuban in Russia
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Cuba? No! The Kuban!
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Forbes Russia: the best 30 cities for business
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Resorts
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Tax benefits for Special Economic Zones Tax Profit tax – 13.5% (not 20%) No Tax No tax on transport and company's property Rent Not more than 2% of cadastral value, no tender 5 years
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Industry and transportation
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Agriculture
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Gambling zone
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Sochi: gate to the future
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Money
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Big money
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We are the champions, my friend!
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Building the Olympic objects
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Ole-ole-ole!
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Target market
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Denotations used for the Olympics
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Olympic symbols
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Official emblems of past Olympics
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Olympic games flag 1920
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Sochi 2014
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Olympics right holders
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We wear Olympics
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And some more…
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Discs
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Fizz
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Liability
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License agreement
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Happy licensees
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For international sponsors No VAT No profit tax No tax on property and transport Issuing of a visa: free of charge Temporary registration and work permit: free of charge Tax break untill 2016
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Advocates Bureau Yug Many thanks for your attention! Yuri Pustovit Managing partner Advocates Bureau Yug 327 Severnaya Street, 5 th floor, International Trade Center “Crystal” 350015 Krasnodar, Russia tel.: +7 (861) 27 99 111, fax: +7 (861) 27 99 222 E-mail: ypustovit@abylaw.com www.abylaw.com
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