Tiraspol, April 16. /Novosti Pridnestrovya/. Pridnestrovie attracted investors because they see an honest, responsible, competent approach. It was said by the Adviser to the President of the Russian Federation on regional economic integration Sergey Glazyev at a meeting with the Pridnestrovian delegation of the Government and the Supreme Council.
«This example should be known because it shows regularities of an economic miracle», - the politician noticed.
The law «About the State Support of Investment Activities» in Pridnestrovie works nearly a year. According to the document, the state will provide preferences to investors (tax exemption on income, on the earth, on dividends of shareholders and decrease in a rate of the Unified social tax from 25% to 14%) for 5 years for investment range from 200 thousand to 500 thousand euros; for 7 years for investments from 500 thousand to 1 million euros; for 10 years if the sum of investments exceeds 1 million euros. Except for natural grants, investment subsidies are provided: up to 10% of the cost of installation and construction works and the equipment 200 thousand – 1 million euros.
The decision is made by Investment council where representatives of the Government, Supreme Council and Central bank enter.
Preferences will be provided taking into account the competitive capacity of the domestic market. For this purpose in the law types of activity on which the tax concessions are not put if new production is focused on the domestic market are noded. At the same time, if the investor plans to focus on export, he will be able to count on preferences in any industry.
Since July 2018 four contracts with investors from Romania, Ukraine, Moldova and Italy for the total amount more than 4.7 million euros are signed. Now in work of the Investment Agency, there are 26 projects, 12 of them can be implemented in the nearest future.