In the beginning of 2016, the Government of Moscow has launched a program of support for efficient and innovative industrial enterprises, which reduces their regional tax burden by 25%. In August, the program was extended to new investment projects.
Now, investors can obtain benefits and other support measures, while already in the implementation phase of a project. To do this, they must comply with the minimum amount of investment and achieve time-to-economic performance indicators, - those, applied to similar enterprises in terms of revenue, salary funds, the average salary of employees.
The volume of investments for construction of industrial complexes and industrial parks should be no less than 1 billion rubles for a maximum of 5 years and for industrial parks - 3.2 billion rubles. At the same time, they need to achieve economic targets set for existing businesses within 7 years ( 5 years given for construction and setting up and 2 years for reaching the applicable level of returns).
With that, benefits are provided to investors, who locate new manufacturing facilities on leased premises, and for projects within the auspices of concessions and PPPs (Public-private partnerships) in social and infrastructure sectors. The minimum investment for businesses involved in production on rental properties is set at 750 million rubles for 3 years, the period of time-to-economic performance indicators at no more than 5 years. With respect to projects under concession and PPP investment, the threshold volume of investment is set at 2 billion rubles.