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The Ministry of Economic Development of Russia has transferred to the Government of the Saratov region the authority to manage SEZs of a technical and innovative type. The transfer of powers from the Federal center to the regional level will increase the efficiency of managing companies in special economic zones.
"The SEZ created in the Saratov region will become the basis for the formation of a high-tech cluster for the needs of the Russian military and industrial complex, aerospace, energy and gas industries, and will not only preserve existing ones, but also create new jobs for qualified specialists," Igor Yegorov noted, Director of the Department of Regional Development.
The total area of the SEZ is 118 ha. The industrial site is fully provided with infrastructure and is already ready to accept new residents. Preferential terms of the SEZ will reduce the tax rates for residents on income tax (to the regional budget - 0% in the first 5 years, 5% - from 6 to 10 years, 13.5% - in the subsequent period), as well as establish zero rates for property tax and transport tax for 10 years, land tax – for 5 years. SEZ residents will also be able to apply the free customs zone procedure.
To date, 5 agreements of intent have been signed to implement projects on the territory of the SEZ with a total investment of 2.9 billion rubles. In addition to large investors, the SEZ opens up opportunities for small businesses to develop related services and provide a wide range of services.a