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Regional tax incentives for investors in Russia
Today, companies are increasingly seeking opportunites to develop their businesses in the Russian regions. Regional governments in turn, are keen to attract businesses and are offering a range of administrative and tax advantages for investment projects. When selecting a location for the regional expansion, issues related to land utilisation, permits for construction, infrastructure and utilities are hugely important. But in addition to this, many regional goverments now offer a range of tax incentives to sweeten the deal.
A company planning to invest in fixed assets (construction, reconstruction or modernisation of production facilities or real estate; acquisition of equipment) could benefit from regional tax incentives in the majority of the regions of the Russian Federation.