The government has broadened the circle of IT firms eligible for official backing, building on a decision signed by Prime Minister Mikhail Mishustin. The resolution clarifies that companies in the information technology sector, engaged in research and development within natural and technical sciences, will gain access to state accreditation. This accreditation streamlines the path to government support programs and makes it easier for these enterprises to tap various forms of assistance.
With accreditation in place, participating firms can pursue a range of government support measures. Among the benefits cited are discounted premiums for insurance and the possibility of favorable mortgage terms, including preferential loans for employees at rates as low as five percent annually. These provisions are designed to ease operational costs and attract talent to high-innovation projects within the IT landscape.
On February 21, Deputy Prime Minister Dmitry Chernyshenko highlighted the positive financial impact on Russian IT companies. He reported that revenues for the sector rose by 35.3 percent year over year, an increase of 615.5 billion rubles compared with 2021. Average salaries climbed by 16.4 percent, adding roughly 17.5 thousand rubles to monthly earnings. Tax revenues from the sector also grew, exceeding a 27 percent rise and contributing more than 104.8 billion rubles in additional receipts. The deputy prime minister framed these numbers as evidence of robust growth within Russia’s technology ecosystem and a strengthening of its financial contributions to the national economy.
Earlier coverage from Kommersant, citing government sources, suggested that large Russian IT companies pressed authorities to institute a zero income tax rate for the sector until 2024. The publication described another option under discussion, a permanent return of 3 percent on the income tax rate. The discussions took place during a meeting with Maxim Parshin, a deputy head of the Ministry of Digital Finance, and were presented as part of ongoing efforts to align fiscal policy with the expanding role of technology firms in the economy. The dialogue indicates a continuing government focus on supporting innovation hubs while balancing fiscal considerations, a theme that has recurred in policy debates surrounding the IT sector’s growth and competitiveness.