Irkutsk
Ulan-Ude

Blagoveshchensk
Chita
Yakutsk

Birobidzhan
Vladivostok
Khabarovsk

Magadan
Yuzhno-Sakhalinsk

Anadyr
Petropavlovsk-
Kamchatsky
Moscow

This text is translated into Russian by google automatic human level neural machine.
EastRussia is not responsible for any mistakes in the translated text. Sorry for the inconvinience.
Please refer to the text in Russian as a source.

Tax cuts support entrepreneurs in EAO

Tax cuts support entrepreneurs in EAO
Photo: pixabay.com
Jewish autonomy authorities have taken support measures for entrepreneurs who have suffered from coronavirus. Authorities have focused on tax cuts.

According to the press service of the EAO government, taxes for businessmen working under the simplified taxation system have halved. For those who paid income taxes, the rate will drop to 1%. If the “income minus expenses” scheme was used, then the tax will be 5%. The property tax rate will drop to 1,1%, but only for those who work in the most affected sectors.

Also, regional authorities approved the opportunity for residents of the region to work as self-employed. Professional income tax is calculated at a rate of 4% (when receiving funds from individuals) and 6% (when making profit from legal entities). You can register as a self-employed from July 1 of this year.

The EAO has 66 cases of COVID-19. Six of them have already recovered.
September 25: current information on coronavirus in the Far East
Digest of regional events and latest statistics