Small and medium-sized cities, rural areas
SMALL AND MEDIUM-SIZED CITIES, RURAL AREAS
For companies created in medium and small cities and in the countryside provides a number of tax and customs benefits. This regime applies to virtually the entire country except for the 20 major cities marked on the map.
Investment conditions:
registration on the site
The tax features and benefits:
Exemption for 7 years from:
- profit tax, income tax in terms of realization of products of own production;
- payment of state duties for issuing licenses;
- mandatory sale of foreign currency.
Exemption from taxation of import customs duties and VAT on some goods imported by commercial organizations as a contribution to the authorized Fund within the terms established by constituent documents for the formation of such a Fund.
SMALL AND MEDIUM TOWNS, RURAL AREAS
Enterprises of small and medium towns, rural areas enjoy a number of tax and customs privileges. This regime covers almost the whole territory of the country, except for the 20 cities marked on the map.
Application terms:
registration at the stated territory.
Peculiarities of taxation and benefits:
Exemption for 7 years from:
- profit tax, income tax in terms of sales of own products;
- state due for issue licenses;
- compulsory sale of foreign currency.
Exemption from import customs duty and VAT on some goods imported by commercial organizations as a contribution to the authorized fund within the terms stated by constituent documents for the fund formation.
State institution "National Agency of investment and privatization"