KALININGRAD - THE FREE ECONOMIC ZONE I N RUSSIAN FEDERATION
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Final remarks

There are favourable prerequisites why German and other foreign companies invest in the Kaliningrad Region or examine the possibility of establishing here. A company willing to invest in the Kaliningrad Region has to prepare for distinctive features of the Russian market which are also the case in this region. The brochure “To Invest in Russia” issued by the Chamber of Commerce of Hamburg (department of foreign economic relations) and containing a separate part dedicated to the Kaliningrad Region can be a help. Besides, a set of laws on the Special Economic Zone in Kaliningrad Region can be obtained there as well.

Apart from other aspects related to the preparation for activities on the external market please mind the following:

  • Careful selection of partners in Kaliningrad
  • Good knowledge of the Russian Federation laws
  • Careful selection of a banking system
  • Identification of payment and supply conditions with little risk
  • Control of financial assets
  • In due course settling the issues related to the Region’s public authorities, the revenue inspection and the Chamber of Commerce and Industry (especially as regards the certificate of origin)
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