State support of investment activity
The government of Murmansk region is engaged in creation of the most comfortable investment environment. A wide range of state support at all stages of projects implementation is provided to businessmen.
The authorities guarantee not only equal access to resources and markets, but also financial support, favorable tax mode, absence of administrative barriers to all business processes participants.
The state support of investment activity on the territory of Murmansk Region is based on the principles:
Investors can count on property tax exemption for a period from two to five years depending on the cost of the investment project.
Depending on the cost of investment project the interest rate for the profit tax, enlisted to the regional budget, decreased from 17,0% to 13,5%.
The state support of investment activity on the territory of Murmansk region for the purpose of favorable conditions for its development creation can be carried out in the forms established by article 9 of the Law of Murmansk region "About the state support of investment activity in Murmansk region".
Certain forms of the state support of investment activity within each investment project are defined by the Agreement on the state support of investment activity on territories of Murmansk region, in order established by the Government of Murmansk region.
The governor of the Murmansk region
+7 (8152) 486-201
The Government of the Murmansk region with the support of the Federal Agency for Youth Affairs (Rosmolodezh) and the Ministry of Economic Development has implemented successfully the Federal Programme for the Development of Youth Entrepreneurship "You are an entrepreneur" since 2014.
An extraordinary meeting of the Project office (working group) on monitoring the results of implementation of the Standard of Executive Authority Activity of the Russian Federation to ensure favorable investment climate in the Murmansk region and the implementation of the National rating of investment climate in the Murmansk region was held on 23 December, 2016 and chaired by the Deputy Minister of Industrialization and Enterprise Development of the Murmansk region.