The government offers subsidies, tax preferences and special economic zone benefits to residents of the Russian Arctic.

Here you will find all useful information for doing business in the High North.

Photo: Karpukhin Sergey/

In recent years, doing business in the Arctic has been growing more attractive to investors. The government offers subsidies, introduces tax preferences, and launches special economic zones for residents of the Russian Arctic.

Owing to the newly introduced regulations, the Russian Arctic is about to become the world’s largest preferential economic area. Apart from this, many Arctic regions have implemented additional preferences for businesses enjoying the status of Arctic residents.

PORA is determined to give support to Arctic businesses through providing grants and sharing information. Here you will find useful information for those doing business in the High North.

Time to do business in the Arctic!