Russia’s President has signed Federal Law No. 267-FZ on September 30, 2013 to provide incentives for completing regional investment program within the Far East regions. In order to raise financing in the economy of the far-east region, the law accounts for special profits tax and mineral extraction tax (MET) rates and other tax benefits for taxpayers carrying out investment programs in Republic of Buryatia, Republic of Sakha (Yakutia), Republic of Tyva , Transbaikal Territory, Kamchatka Territory, Primorye Territory, Khabarovsk Territory, Amur Province, Irkutsk Province, Magadan Region, Sakhalin Province, Jewish Autonomous Province and Chukchi Autonomous District.