On December, 2016, according to the Decree of Moscow Government dd. February 11, 2016 No.38-PP “On measures aimed at implementing industrial investment policy in the city of Moscow”, the Cross-Agency Commission on the issues of the assignment, confirmation and termination of statuses in the sphere of industrial and investing activities made a decision on awarding “Industrial complex” status to the Enterprise and putting it on the Register of the investment priority projects of Moscow.
Owing to the initiative of Moscow Government and participation of the Ministry of Industry and Trade of the Russian Federation, the “Industrial complex” status was awarded to the Federal State Unitary Enterprise in Moscow for the first time.
This status provides for rendering of a number of privileges. Moscow income tax will be decreased by 25% (current rate - 18%, incentive rate - 13,5%). Since January 1, 2017, due the shift in income tax rates - 3% to the Federal budget and 17% to the regional budget - the incentive rate will make 12.5%. Property tax (in relation to real estate) will be paid in an amount of 50% of the assessed taxes. Land tax will make 20% of the assessed taxes, land rentals will decrease by 80% (current rates - to 1.5% of the cadastral value, the incentive rate - 0.3% of the cadastral value).
Upon the approval of the corresponding Decree of Moscow Government, the information about the privileges delivered will be forwarded through interdepartmental interaction channels to the tax authorities.
Tax burden reduction will allow increasing the Enterprise's income, which will be directed to the production development.
A new status for the Enterprise is not just an opportunity to expand investments into own infrastructure but also a great honour.
FSUE Moscow Endocrine Plant has highest regard for the credit of trust from Moscow Government and the Ministry of Industry and Trade of the Russian Federation with respect to the award of “Industrial complex” status.
The Enterprise will continue the production development vector onwards, along with the creation of clever work places, implementation of new accessible and high-quality medicinal products as part of the import substitution for the benefit of the native city and citizens of the Russian Federation.
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