The state creates conditions for development of small and average business and favorable business climate

On June 2, 2016 the President of the Russian Federation V. V. Putin has signed the Federal law "About modification of article 346.32 of part second of the Tax code of the Russian Federation and article 5 of the Federal law "About modification of part one and part the second the Tax code of the Russian Federation and article 26 of the Federal law "About banks and bank activity". The validity of system of the taxation in the form of a uniform tax on imputed income for separate kinds of activity is extended by the federal law till January 1, 2021.