The work on a package of six legislations, related to state support for investment activities has been completed. Today, parliamentarians adopted documents in the second, final reading.
Work on legislations lasted a long time. Tens of meetings were held at various venues. Representatives of business, members of advisory meeting expressed their proposals. The Committee for the Development of Entrepreneurship and Industry received a large number of amendments. The main goal of the legislations remained unchanged - to attract investors to the republic, offering them unprecedented benefits and guarantees. Among them: there is reduction of the taxable base for corporate income tax, establishment of preferential rates of unified social tax, benefits for payment for land, provision of investment subsidies.
In addition to providing significant government support, the law-in-draft is aimed at protecting the interests of investors. The state guarantees stable conditions for doing business.
Experts suppose that such measures are not supported by neighboring states. Vice-president of the Union of Industrialists, Agrarians and Entrepreneurs Yuri Cheban is sure that increasing the investment attractiveness of the republic is a fundamentally important point.
He also noted that there are already several potential investors who are waiting for the law to come into force.