Automotive Investments: Climate in Russia, Focus on St. Petersburg and Leningrad Region
The industrial assembly legislation
Vehicles
Welding, painting, assembling
in 18 months (1.5 years), 30 months
(2.5 years) for new manufacturing
Value Reduction of the List
10% 24 months later (2 years)
10% 42 months later (3.5 years)
10% 54 months later (6 years)
More strict requirements on Value
Reduction in SEZ (Elabuga, Lipetsk)
up to 50% 54 months later (6 years)
Possible ways of reduction:
Auto components
Organisation of serial output
in 18 months (1.5 years), 30 months
(2.5 years) for new manufacturing
Value Reduction of the List
10% 18 months later (1,5 years)
10% 30 months later (2.5 years)
10% 40 months later (3.3 years)
▶organization of auto (sub) components production in Russia;
▶purchase of auto (sub) components at the domestic market; and
▶importation at the standard rather than preferred customs duty rates.
September 4, 2008 14
Investment Climate in St. Petersburg and Leningrad Oblast
ERNST & YOUNG
Quality In Everything We DoView entire presentation