Extension of state support measures for enterprises

Deputies considered about 20 legislations in the field of state economic policy at a meeting of the Committee on Economic Policy, Budget and Finance on the 5th of December. A number of legislative initiatives are aimed at extending state support measures for enterprises and organizations of Pridnestrovie until 2025.

One of these legislations is the amendments to the Customs Code of the Pridnestrovian Moldavian Republic, prepared for adoption in the second reading. The Government's initiative proposes to extend until 2025 a number of the most popular measures of state support for enterprises, which are in effect in 2024 and minimize the negative consequences for the socio-economic sphere of the state from external factors.

Thus, it is proposed to extend for another year:

- the effect of a temporary regulation that reduces by half - from 0.3% to 0.15% - the rate of customs duties on the customs value for goods transported between Pridnestrovie and partner countries (the Russian Federation, the Republic of Belarus, the Republic of Kazakhstan and Ukraine), as well as goods transported by legal entities operating in a number of industries (light, metallurgy, chemical, electrical engineering) with an indication of specific criteria;

- the possibility of extending the validity of the customs procedure for temporary import up to 5 years based on the declarant's application;

- the possibility of providing deferrals or installments for the payment of customs duties without charging interest.

It is noted that the Pridnestrovian economic entities continue to operate in the conditions of negative internal and external factors. For example, according to the analysis of the dynamics of production volumes by industry sectors in the first half of 2024, the lowest rates of growth in production were observed in the chemical industry (57.1%), the rate of decline in production in the electrical industry was significant (27.3%), the light industry was also characterized by negative dynamics of output, having decreased by 27.3% compared to the same period in 2023. The package of legislations, which were considered by the Committee on Economic Policy in the second reading, proposes to extend the support measures enshrined in the law "On the Unified Social Tax and Mandatory Insurance Contribution" and the law "On Personal Income Tax" until 2025. Thus, an employer will not have to pay a single social tax on payments to his employees if he sent his enterprise into idleness for reasons beyond his control. The amount of these payments at the same time should not exceed two-thirds of the salary. employees who receive payments in connection with the downtime of the enterprise are exempt from paying income tax in turn. Another extended measure of state support concerns enterprises that have the opportunity to increase the wages of their employees. Thus, the increase in wages compared to the previous period will not be included in the taxable base. All legislations considered at the meeting of the Committee on Economic Policy, Budget and Finance will be submitted to the plenary session of the Supreme Council of the Pridnestrovian Moldavian Republic for adoption in the first or second reading.