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Business & Legal Environment

Oct 04, 2006

Who Will Get Tax Incentives?

On January 1, 2007 the amendments to the Tax Code of Russia are to come into force, providing tax incentives to IT-companies suiting a number of requirements.

Sep 19, 2006

Over RUB 23 bln Be Assigned to Develop Hi-Tech Industries in 2007/11

More than 23 billion roubles will be disbursed for the development of the high-tech industries in the period between 2007 and 2011

Aug 16, 2006

Singapore To Help Russia Set Up Special Economic Zones

The government of Singapore is to play a key role in the development of Russia's Special Economic Zones (SEZs), which are designed to attract new investment in certain designated regions with the help of tax breaks.

Jun 19, 2006

Russia To Develop More Technoparks.

The World Bank has opened a $100 million credit line to finance a development program for technoparks in high technology areas in Russia, according to Interfax news reports.

May 25, 2006

Zone Kingdom

Russia is actively forming special economic zones (SEZ). The government believes it essential for building a new economy.

Feb 11, 2006

IBM Targets Russian Developers

Could overtake India, China in number of developers, says senior executive.

Jan 30, 2006

New Economic Zone Gets Money And Mixed Reaction

A new special economic zone, which local government officials say will help double high-tech production in the city, has been viewed with skepticism by local experts.

Dec 29, 2005

IT Business Solutions Adjust To Local Reality

With the development of high-speed business over the last 15 years, IT business solutions are gaining in popularity, and not only with the country's most advanced domestic and foreign companies.

Dec 24, 2005

Six Special Economic Areas To Be Created In Russia

Russian Prime Minister Mikhail Fradkov has signed decrees on creating six special economic areas in six separate regions of Russia.

Nov 29, 2005

Six Russian Regions to Host Special Economic Zones

Russia’s Economy Minister German Gref spoke to reporters on Monday, Nov. 28, and said that six Russian regions have won the right to host special economic zones. The winning bids were selected by a special tender commission.

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