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Support measure card

Parameter Value
Support type and terms
  • Abatements are rendered to the managing companies of regional industrial sites and to the residents of regional industrial sites registered in Novgorod Region
  • Reduction of the property tax down to 0%
  • Reduction of the transport tax by 50%
Support receivers Residents of a regional industrial site. They can apply for abatements after a regional industrial site status is received.
Restrictions for the support receivers Preferences are not granted to tax reduction addressees in accordance with the regional law dated March 28, 2016 No. 945-OZ “On investment activities in the Novgorod Region and investors rights protection”
Governmental support period
  • 5 years, starting the beginning of tax periods of the tax on organization profits, the organization property tax and the transport tax respectively, following the tax period in which the profits were received