The Smolensk regional Duma adopted a bill on benefits for the residents of TOSER

© RIA Novosti / Oleg Lineiterator in fotobounce side of the Dnipro river and the panorama of the city of Smolensk. Archival photoThe Smolensk regional Duma adopted a bill on benefits for the residents of TOSER© RIA Novosti / Oleg Lineiterator the image Bank

The adopted regional law «On tax benefits granted to residents of the territory of advancing socio-economic development established in the territory of single-industry municipalities (towns) in Smolensk region», prostimulirujte investment activity and form the most favorable conditions for doing business on the territory of the first in the Central Federal district of the territory of advancing socio-economic development, said the Governor of the Smolensk region Alexei Ostrovsky.

Deputies of the Smolensk regional Duma at the next meeting voted unanimously for the adoption of the law, which was introduced at the initiative of the head region.

«I am convinced that the adopted regional law prostimulirujte investment activity and form the most favorable conditions for doing business in the territory of advancing socio-economic development, first in the Central Federal district. In addition, providing its residents with state assistance in the form of a tax credit will reduce the dependence of local economy on the city-forming enterprise JSC «Dorogobuzh». All this will create additional conditions for improving the quality and standard of living of dorogobuzha. It is known that the willingness to implement their business-projects already confirmed a number of potential investors», — said Ostrovsky.

As explained in the press service of the regional administration, the law provides for full exemption from tax on movable and immovable property of organizations. In addition, we introduce a reduced rate of tax on profits to be paid to the regional budget to 0% during the first five years and 10% the next five years. This benefit only applies to organizations operating within ASEZ «Dorogobuzh».

The spokesman also noted that the creation of the territory of advancing socio-economic development will contribute to economic diversification of company towns of Dorogobuzh and will allow to attract in the region of at least 10 billion rubles of investments. «Also, the residents’ activity will boost the development of related industries, will create new jobs and increase tax revenues. In addition, benefits will be a strong argument in making potential investors of the decision on placement of production on this territory», — said the Agency interlocutor.

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