Moscow mayor decides to further support the manufacturing industry

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The Mos.ru website, citing the decisions of the Moscow mayor, approved the Moscow government’s criteria for assigning industrial technology park status to companies operating in the field of manufacturing (except for the production of tobacco products). capital Sergei Sobyanin.

The Mayor of Moscow noted that industrial parks, like other specialized zones, must meet certain requirements.

“Certain conditions must be met, such as the rational use of city land, investment in the creation or modernization of production, workers’ wages not being less than the industry average,” Sobyanin said.

The mayor also talked about a tax incentive package for industrial technology parks.

“The package includes a reduction in the income tax paid to the municipal budget from 17 percent to 13.5 percent, a land tax rate of 0.7 percent of the calculated amount, a land rental rate of 0.01 percent of the cadastral cost and a zero property tax rate.” Contains. ,” he noted.

According to Sobyanin, as a result of the implementation of the benefits, the total burden of regional taxes on industrial technology parks will decrease to 25 percent.

He emphasized that industrial technology park status will be allocated for a period of up to 10 years and is subject to mandatory annual approval.

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