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Direct line with the GovernorApplication for the project implementation

Commission approved the application of LLC “Borovichi furniture frameworks factory” for residency in PSEDA “Borovichi” ⠀

Today, on May, 28, the commission has been held to consider the application of LLC “Borovichi furniture frameworks factory” to become a resident of PSEDA (Priority social economic development area) “Borovichi”. The head of the commission was deputy chairman of the government of Novgorod region Eugeny Bogdanov.

The enterprise producing furniture frameworks of metal opened in Borovichi in summer 2019. Today it has started to implement an investment project. It is expected to create 10 working places.
Experts, among whom there are representatives of the regional ministries of the investment policy, finances, industry and trade, agriculture, of administration of Borovichi district and of Novgorod region development agency, have supported the application of the potential resident.

The positive decision of the commission will let the regional government, the administration of the district and LLC “BFFF” sign a tripartite agreement which will become the basis for assigning the title of PSEDA resident to the enterprise by Ministry of economic development of Russian Federation.
Being included into the list of the residents, the investor while implementing the investment project will be able to have tax benefits, develop new manufacturing sites, attract investments for diversification of the economy of the single-industry city and create new working places.

Today there are two residents in PSEDA “Borovichi”: LLC “Vilina” and LLC “RadioChipMontazh”.
Recall that during the first five years of working in PSEDA the enterprises’ property will not be taxed, during the second five years the tax will be 1,1%. The rate of the federal part of profit tax is 3% until 2025 and 2% from 2025, but PSEDA resident is exempted from it for five years from receiving first profit. Regional profit tax looks like this: standard rate is 17% until 2025 and 18% from 2025, in preferential mode it is 5% during the first five years and 10% during the second five years.
28 мая 2020 15:36:00
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