BUSINESSMEN OF THE VOLOGDA REGION WILL BE ABLE TO GET INVESTMENT TAX CREDIT

25th October 2013

Small and medium business in the Vologda region can count on the investment tax credit. Such decision was made by the local authorities. The initiative was developed jointly with the tax authorities of the region, which helps to create favorable conditions for investors.

Small and medium business in the Vologda region can count on the investment tax credit. Such decision was made by the local authorities. The initiative was developed jointly with the tax authorities of the region, which helps to create favorable conditions for investors.

The tax credit can expect those entrepreneurs and organizations that are working on the territory of the region within three years and do not have debts on taxes.
One of the important conditions is also the purchase of modern technological production equipment to promote increasing of quality of production, increase in volumes and the competitiveness of the Vologda products on the market.
In addition, tax authorities region regularly carry out activities to inform citizens that have established or just planning to organize their own business.

Now on the website of the FTS of Russia www.nalog.ru and the Federal tax service of Russia in Vologda region www.r35.nalog.ru there are more than 35 interactive services aimed at improving the quality of services provided to taxpayers. Services such as «Create your business», «Check yourself and company», «FTS, mandatory for application by the tax authorities», «Submission of electronic documents on the state registration» and others are designed to support both entrepreneurs and representatives of small and medium business.

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