Omsk Region introduced benefits for investors

Organizations that have concluded special investment contracts will be able to avoid paying income tax until the end. 2025 years.

15 In June, the Legislative Assembly of the Omsk Region adopted in the second reading a draft law on tax preferences for investors. Participants of the register of regional investment projects (RIP) will be able to receive them..

Companies can count on tax preferences. — initiators of investment projects with minimal capital investments 50 million rubles for three years and 500 million rubles over five years. In addition to the amount, there are restrictions on the subject of the project. The investment project should not be aimed at the extraction, processing or transportation of oil and gas and the production of excisable goods, and the investor himself should not be part of a consolidated group of taxpayers, have registration outside the region or apply special tax regimes.

"The Ministry of Economy proposes to set a reduced income tax rate for organizations participating in the RIP in the part to be credited to the regional budget, in the amount of 10 %. For RIP participants, the federal part will also be reset for the duration of the reduced regional rates. The tax rate on property acquired for an investment project will be reduced to 1,1% for five years", — The Minister of Economy of the Omsk Region explained Oksana Fadina.

The law will enter into force on the day of its official publication and will apply to relations that have arisen with 1 January 2017 years.