State support, Investment - Information portal for export and investment promotion of the Chuvash Republic

Information portal for export and investment promotion of the Chuvash Republic
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17 Oct 2017

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Centre of Export Support of the Chuvash Republic

Investment

State support

151836831.jpg State support, rendered to organizations, engaged in implementation of investment projects in the Chuvash Republic according to the current legislation is performed in the following ways:

exemption from tax and duties paid to the budget of the Chuvash Republic in accordance with the Chuvash Republic Law of “Issues of tax regulation in the Chuvash Republic put by the Russian Federation Law of taxes and duties under the jurisdiction of the subjects of the Russian Federation“;

extension of investment tax credits in the part of taxes paid to the budget of the Chuvash Republic in compliance with the Chuvash Republic Law of “Issues of tax regulation in the Chuvash Republic put by the Russian Federation Law of taxes and duties under the jurisdiction of the subjects of the Russian Federation“;

administration of the Chuvash Republic’s state guarantees on the competitive basis for commercial credits;

allocation of the budgetary funds of the Chuvash Republic for financing of investment projects;

direct participation of the state in investment activity (gratuitous investments) by developing, approving and financing with the budgetary funds of the Chuvash Republic of investment projects for the Chuvash Republic’s state property objects, as well as inter-municipal investment projects;

funding at the expense of the budgetary funds of the Chuvash Republic of interest rates on borrowed current assets, attracted in engineering development of land intended for residential construction;

rendering of non-financial aid for the state support of investment activity;

funding on the competitive basis of interest rates on credits (loans) acquired in lending agencies and consumer cooperatives by a small-scale enterprise, in lending agencies by a consumer cooperative, including an agricultural consumer cooperative for organization of business with preference to the projects implemented in rural area and directed at development of public infrastructure;

funding on the competitive basis of a part of expenses of small-scale enterprises, consumer cooperatives, including agricultural consumer cooperatives, connected with fee for banker’s guarantee and for concluded contract of guarantee paid to the organizations providing discharge of obligations on credit agreements, loan agreements and lease agreements.

 

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