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How Moscow will help business struck by sanctions

... provided to both businesses and the population. What specific measures can entrepreneurs count on, you can find here in our selection. Provision of business loans on a concessional basis Moscow has launched a program of concessional lending to businesses . It involves the provision of loans to SMEs at a rate of ½ of the key rate of the Bank of Russia + 5% points for the purpose of replenishing their working capital. Such loans can be issued by entrepreneurs registered in Moscow and doing business in any industry. The maximum amount of ...

NFIA Analytics: Russian business is losing liquidity

... the consequences caused by the events on the territory of Ukraine. The sanctions imposed by the developed world economies are forcing the Russian government to take an increasingly consolidated approach to the use of government support measures for business. According to Elena Dybova, who spoke during the round table in the Federation Council, the number of initiatives from SMEs related to state support has already exceeded 11 thousand. At the same time, the vice-president of the Chamber of Commerce and Industry calls the situation an emergency, which means that it requires emergency measures and adjustments of the profile ...

VLADIMIR PUTIN SUPPORTED THE IDEA OF MORATORIUM ON BUSINESS INSPECTIONS

... inspections is also interconnected with consumers’ safety. We should remind our readers that a moratorium on inspections of SMEs was introduced in April 2020 as part of supporting entrepreneurship during the pandemic. Then, at the initiative of Putin,... ... a moratorium in 2022. Additionally, the participants of the meeting discussed the availability of digital services for small businesses. Putin also noted that this must be done, and the state, for its part, will try to ensure the implementation of the ...

THE SIZE OF THE MARGINAL INCOME OF SMEs MIGHT GROW UP TO 3.5 BILLION RUBLES

... indicator for the recognition of an entrepreneur as a SME. We are talking about both the category of small and medium-sized businesses and micro-enterprises. The maximum threshold for inclusion in the respective category may soon be increased for each ... ... the proposed amounts are in line with the existing norms of the European Commission, which regulate the status of pan-European SMEs.

EXPERTS POINTED OUT THE NECESSITY OF BUSINESS AND MINISTRIES’ PARTNERSHIP

... path of "complete whitewashing", but there are a lot of problems. Restaurants cannot operate under the general taxation system, and the establishments do not physically have input VAT. In addition, many restaurants do not fit the criteria for SMEs, which significantly complicates the business activities. Sergei Mironov added that restaurateurs are ready to enter the "white" business and even pay three times more taxes if the legislators meet halfway. But this has not happened yet. In the final part of the discussion, Vladimir ...

Vladimir Kuznetsov: ‘Only lawyers should create legal companies’

... Then a replacement for a more modest housing is possible. Now the government is extending the moratorium on inspections for SMEs for 2022, is it necessary to extend the moratorium on bankruptcy? V.K . : If the moratorium on bankruptcy continues to be ... ... leads to a distortion of society. Many decisions are made in the way the authorities think, without the opinion of the real business community. Formal replies from the business community that they do not mind, unfortunately, do not reflect the real state ...

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