Moscow Industrial Complexes and Technoparks Will Get 10-year Land Rent Preference

04 September 2019

The Moscow department of city property will provide a discounted 10-year land rent rate to industrial complexes and technoparks. It will 0.3% of the cadaster value for industrial complexes and 0.01% for technoparks and industrial parks. Companies need to confirm their status once a year to get the preference.

This procedure will deprive companies of concluding additional agreements every year.