Moscow has refused to extend the Crimea in transition – RBC

Moscow has refused to extend the Crimea in transition – RBC

Graffiti depicting the Crimean peninsula on the streets of Moscow

Photo: Fotobank / Getty Images

In mid-November, the head of the Crimean government Sergey Aksenov asked the Russian authorities to extend the transitional period in the Crimea until 2016. Discuss the matter went to the Crimea State Duma Speaker Sergei Naryshkin and State Duma deputies, who advised the Crimean authorities to justify their proposals to extend the transition period for individual sectors.

The transition period for the Crimea, which in March 2014 became part of Russia to last until 1 January 2015.

As reported in November, Vice Premier of the Crimean government Eugene Bavykina, go to the Russian legislation does not have time to companies engaged in retail trade, problems arise with re-registration of real estate, land registration licenses.

During the transition period in the Crimea are also reduced rates of VAT – 4 and 2% instead of 18 and 10%.