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20 October, Friday

Ufa   °

Bashkortostan Government offers tax incentives to investors in Trans-Urals

Economy/Business

UFA, 10 June 2016. /Bashinform News Agency, Olga Murtazina/.

The Bashkortostan Government offers tax incentives to investors implementing priority projects in the Trans-Urals and north-eastern regions of the republic. This was reported by the Deputy Prime Minister – the Head of the Government Office RB Ilshat Tazhitdinov at a meeting of the Public Council on Improvement of Investment Climate under the Head of the republic. Legislative instruments provide a zero rate property tax for the first year of work against the standard rate of 2.2 percent. In addition, the exemption is provided for income taxes on the part paid to the republican budget — 13.5 percent instead of 18.

The government proposes to expand the list of benefits. Among them there is reduction in minimum amount of capital investments to 10 million rubles, an increase in number of preferential tax periods up to three, provision of land plots without bidding.

The Entrepreneurial Forum "Trans-Ural-2016" is held in Sibai on June 10, in Abzelilovo region on June 11.

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