The Ministry of Digital Development has proposed to provide new incentives to IT companies that will be effective until 2024. These measures include the reduction of tax rates and state property rental rates.

A tax rate of 1% will be set for "the revenue object of taxation, while 5% for the object of revenue minus expenses taxation". Ministry also plans to at least halve property tax rates, the rates of land tax for communication facilities and data processing centers, and the rental rate under lease agreements for state and municipal property.

Small and medium-sized businesses will be eligible for tax benefits. These companies are also required to have software from the register of domestic software. Otherwise, the benefit recipient has to be a domestic accredited IT company.

Original (in Russian)