Yaroslavl Region Development of Automotive Components Cluster slide image

Yaroslavl Region Development of Automotive Components Cluster

Government of the Yaroslavl Region Advantages of the Yaroslavl region Regional government support offered to investors Forms of regional government support Tax benefits • • • Period: 7 years with the possibility to extend up to 9 years • Full property tax exemption (rate – 0%) • Reduced income tax rate by 4,5 % (up 15,5 %) . Full vehicle tax exemption (rate – 0%) • Tax benefits for a land tax • Possibility of getting subsidies from the budget to compensate the costs of infrastructure, as part of an investment agreement Support and maintenance of projects • Selection of sites for investors; • Support of infrastructure issues; • Participation in negotiations with the infrastructure companies, federal and local authorities; . Fast gaining of necessary approvals and permits; • Assistance in registering of a local company of the investor ; •Assistance in stuff training.
View entire presentation