Increasing investment attractiveness

The folder, consisting of five legislations, is dedicated to state support for investment activities. The draft laws are aimed at improving the investment climate. The main goal of the proposed rules is the possibility of extending the period of validity of benefits for investors and organizations implementing priority projects for the state.

The law-in-draft stipulates that if the investor decides to increase the volume of investments within two years from the date of the conclusion of the agreement, tax incentives will be extended for a certain period of time. The Ministry of Economic Development considers that new investors may initially be afraid to invest large funds. The adoption of the presented package of legislative initiatives, according to the authors, will allow solving this problem and more flexibly negotiating with potential investors.

The tax exemption period depends on the amount invested in the Pridnestrovian economy. According to our legislation, if an investor invests up to 500 thousand USD, he enjoys benefits for 5 years, if from 500 thousand to 1 million - the period of preferential taxation is 7 years.

First of all, the legislations were developed in order to support the agro-industrial complex, use the potential of the internal market of Pridnestrovie, and develop national production. The Supreme Council supported this initiative. Work on the package of documents will continue in the second reading.