Description

Industrial capacity development and stimulation of innovative industry and research is one of the key areas of the Moscow investment policy. In 2015–2016, the Moscow City  Government developed a framework for providing comprehensive support to existing effective businesses and technoparks.

Enterprises and companies that attain the status of industrial complex or technopark will be offered preferential conditions with regard to property tax, profit tax, land use tax, lease payments, etc.

The overall reduction in the tax burden for industrial complexes and technoparks will amount to 17% to 25%, depending on the assigned status.

These support measures will help create high-paid jobs and ensure further expansion of manufacturing to relevant parts of the city, as well as localisation and import substitution.