Three “daughters” of VK registered in the SAR of the Kaliningrad region

The register of participants in the Special Administrative Region (SAR) of the Kaliningrad Region (Oktyabrsky Island) includes the international companies VK MGL Limited, VK Equity and VK Educational Technologies. Data published SAR management company.

VK confirmed the registration of subsidiaries, and the registration of the parent holding company is in the process, informed Interfax. All three companies before re-registration (re-domiciliation) were registered in Cyprus.

Vedomosti wrotethat VK is negotiating with the government of the Kaliningrad region on redomiciliation from the British Virgin Islands.

On February 13, 2023, the VK Board of Directors approved a possible re-registration from the British Virgin Islands, where the holding company VK Company Limited is located, to Russia. The VK Group is one of the largest players in the Russian telecom and IT sector, including, in particular, Mail.ru, Vkontakte and Odnoklassniki social networks. Until October 2021, the group was called Mail.ru Group. The general director of the VK group is Vladimir Kiriyenko.

On August 3, 2018, Russian President Vladimir Putin signed a package of laws providing for the creation of SARs with special conditions for doing business for foreign companies. The SAR in the Kaliningrad region is a flexible regime for tax and currency regulation. The historical center of Kaliningrad is called Oktyabrsky Island.