Legal regulation

Regional laws on taxes and tax collections, providing granting of tax concessions to the subjects of investment activity

Regional laws on taxes and tax collections, providing granting of tax concessions to the subjects of investment activity.

The organizations implementing investment projects

The organizations implementing investment projects approved by the Administration of the region according to the regional law of 6.11.1998 No. 29-RL “On investment activity in the Novgorod region”, complying with the requirements established by article 6 of the specified regional law, on actual payback period of the investment project, but no more than estimated (this period should be not less than 1 year), calculated according to Regulations  moment of achievement of full cost recovery of invested assets, calculated payback period and determination of other characteristics of application of privileges for the organizations performing investment projects in the Novgorod region.

  • Are exempted from tax payment on  property.
    Article 4 of the regional law of 9.30.2008 No. 384-RL “On the property tax of the organizations”.
  • Pay the tax on profit in the consolidated region budget according to the preferential rate of 13,5 %.
    Article 1 of the regional law of 8.8.2011 No. 1026-RL “On the tax rates in the territory of the Novgorod region”.
  • Pay the transport tax at the rate of 50 % of the established rate.
    Article 4 of the regional law of 9.30.2008  No. 379-RL “On the transport tax”.

The credit organizations financing investment projects

The credit organizations financing investment projects, approved by the the Administration of the region, according to the regional law of 6.11.1998 No. 29-RL “On investment activity in the Novgorod region”, provided that proportion of indebtedness on the credit granted for financing of above-stated projects constitutes not less than 10 % of the  total sum  of indebtedness on credits at the balance sheet date.

The leasing companies

The leasing companies provided that the  financing volume on leasing with the investment projects  approved by the Administration of the region according to the regional law of 6.11.1998 No. 29-RL “On investment activity in the Novgorod region“, constitutes not less than 10 percent of residual cost  of the permanent assets shown in balance and transferred in  finance lease at the balance sheet date.

The leasing companies performing  activity in the territory  of the Russian Federation, - concerning the property transferred in leasing to the organizations, implementing the investment projects approved by the Administration of the region according to the  regional law of 6.11.1998 No. 29-FL “On investment activity  in the Novgorod region”.

  • Are exempted from tax payment on property, concerning the property, transferred in leasing to the organizations implementing the investment projects approved by the Administration of the region.
    Article 4 of the regional law of 9.30.2008 No. 384-RL “On the property tax of organizations”.

The organizations performing functions of support and development of small entrepreneurship

The organizations performing functions of support and development of small  entrepreneurship in the Novgorod region  in which proportion of providing works, services to subjects  of small entrepreneurship constitutes not less than 70 % from total amount of realization of works, services.

  • Are exempted from tax on property.
    Article 4 of the regional law of 9.30.2008 No. 384-RL “On the property tax of the organizations”.
  • Pay the profits tax to the consolidated budget of the region at the reduced rate of 13.5 %.
    Article 1 of the regional law of 8.8.2011 No.1026- RL “On the tax rates in the territory of the Novgorod region”.

The commercial organizations registered and performing the activity in the territories of Batetsky, Volotovsky, Marevsky, Parfinsky and Poddorsky municipal districts

The commercial organizations registered and performing the activity in the territories of Batetsky, Volotovsky, Marevsky, Parfinsky and Poddorsky municipal districts.

  • Are exempted from tax on property regarding the property which is in the territory of Batetsky, Volotovsky, Marevsky, Parfinsky and Poddorsky municipal districts.
    Article 4 of the regional law of 9.30.2008 No. 384-RL “On the property tax of the organizations”.

Participants of the program “Mortgage housing crediting in the Novgorod region”

Participants of the program “Mortgage housing crediting in the Novgorod region” (further in the present  item – “Program”):

  • the organizations directing monetary funds  on acquisition and building of habitation through the regional operator of mortgage housing crediting on the Program, which total sum should be not less than 4 % from taxable basis on the profit tax;
  • non-profit organizations and government agencies  performing functions of customer-developer on building, including habitation building on the Program;
  • the organizations producing building  materials and performing -building of habitation on a competitive basis for needs of the Program  for the purpose of its price reduction on representation by the coordinator of the Program  provided that proportion realization of the specified goods, works, services constitutes not less than 50 % from total amount of realization of the goods, works, services.


E-mail: arno@niac.ru
Reception desk: room 438.
Fax: +7 (8162) 773-878.
Phones: +7 (8162) 731-990; 736-354.
Technorati and Literati