Residents of PSEDA created 13 thousand jobs in Tatarstan
In order to create favorable conditions for investment attraction, ensuring accelerated socio-economic development and creating comfortable conditions for ensuring the life of the population, 5 territories of socio-economic development are functioning in the Republic of Tatarstan. To date, their residents have made more than 25.6 billion rubles of capital investments (without VAT) and created more than 13 thousand jobs.
In particular, in the first quarter of this year, PSEDA residents made 1.67 billion rubles of capital investments and created 3.1 thousand jobs.
Today, 113 residents carry out their activities in the territories of the republic's PSEDA, which implements investment projects in various industries and contributes to the diversification of the economy of single-industry towns of Tatarstan. So, despite the difficult situation caused by the pandemic, in 2020, 40 new residents entered the PSEDA in the single-industry towns of the republic, which will attract 8.7 billion rubles of investment to the economy of single-industry towns and create 4.170 jobs.
Let us recall that a number of tax benefits are provided for residents, in particular, a reduced rate of income tax, exemption from paying corporate property tax and land tax, reduced rates of insurance contributions to the Pension Fund, Social Insurance Funds and compulsory medical insurance. The benefits apply within 10 years from the date of granting the status of a PSEDA resident and apply to residents who have received such status no later than within 3 years from the date of establishment of the PSEDA.
It is worth noting that the government of the Russian Federation supported the initiative of the country's constituent entities to extend the terms of mandatory compliance by residents with the requirements for investment projects, both in terms of capital investments and the number of jobs established by the agreements, from 1 year to 2 years for residents who received their status in the period from 01.04.2019 to 31.12.2021. The corresponding resolution was adopted by the Government of the Russian Federation in March 2021. This exemption gives an opportunity to residents who faced difficulties during the pandemic to implement their investment projects.