📋 Tender Overview
The law extends the current level of mandatory contributions for pension and other types of insurance in relation to crew members of registered vessels until 2037.
At a plenary session, the State Duma adopted, in both the second and third readings, a bill on maintaining until 2037 the zero rate of insurance premiums, which are calculated on payments to the crews of Russian ships.
"The draft federal law has been developed in order to extend the period of application of reduced rates of insurance premiums for payments and remuneration to crew members of vessels registered in the Russian International Register of Ships (except for vessels used for the storage and transshipment of oil, oil products and liquefied natural gas in the seaports of the Russian Federation), for the performance of the work duties of a member of the vessel's crew in the amount of 0% of the share of the single reduced rate until 2037, which will create favorable conditions for the development of the transport fleet and civil shipbuilding of the Russian Federation," the explanatory note says.
The law extends the current level of mandatory contributions for pension and other types of insurance in relation to crew members of registered vessels until 2037.
As previously noted by Russian Prime Minister Mikhail Mishustin, a zero rate on insurance premiums, which are charged on payments to the crews of vessels from the Russian International Register, has been in effect for over 10 years. As a result, the number of vessels registered in the register has increased almost 2.5 times, and the number of ship crews has exceeded 16 thousand people, he added.
According to Mishustin, the implementation of this initiative will help increase the share of ships under the Russian flag in the world merchant fleet. In addition, it is assumed that due to the preservation of the zero rate, maritime transport companies will have an additional 14 billion rubles, which "will strengthen their economic capabilities, including in terms of paying wages."
The law will come into force on January 1, 2025.
