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Additional support to business will be provided in Transbaikalia

Additional support to business will be provided in Transbaikalia
Photo: pixabay.com

In the Trans-Baikal Territory, the authorities decided to expand the package of business support measures that had previously been introduced in the region. To the list will be added a deferment of payment of a number of taxes for small and medium enterprises.

According to the press service of the regional government, until October 2020, it is possible to postpone the payment of taxes for the first quarter on property of organizations, transport and land taxes, STS and UNDV. There is a moratorium on the rent of regional and municipal property for a period of two months for the Ministry of Railways.

Also, business provides interest-free loans to replenish working capital. Entrepreneurs can seek advice from the My Business Center.

Earlier for business in Transbaikalia introduced a tax deferral STS for six months, a moratorium on rent, interest-free loans for the payment of salaries and replenishment of working capital. The loans will be issued by the Regional Entrepreneurship Support Fund. 

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