The Ministry of Economic Development and the Ministry of Finance planned to introduce additional incentives for the legalization of businesses with high shadow shares. In this respect declaration Minister of Economic Development of the Russian Federation Maxim Reshetnikov at the meeting of Prime Minister Mikhail Mishustin with members of the government on the socio-economic development of the North Caucasus Federal District.
“In addition to the Ministry of Finance, we still have an idea to think about measures to promote legalization in sectors with a high share of shadow sectors and high employment,” Reshetnikov said.
According to him, it is possible to partially transfer the implementation of tax regimes that work well in other sectors.
He added that the informal sector and a high share of unemployment continue in the North Caucasus region. However, currently the county lacks specific incentives for businesses to leave the shadow sector.
April 17 Prime Minister Mikhail Mishustin declarationthat the government will introduce another support measure to Russian businesses to help them start producing the necessary components. This decision will make it possible to additionally finance the development of promising sectors of the Russian economy for a total of up to 10 trillion rubles.