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Tax Exemption for Participants of Innovation Technopolis “Era” from January 1, 2025: New Amendments Adopted

  • Participants of the innovation technopolis “Era” will be exempt from VAT starting from January 1, 2025
  • Amendments to the Tax Code of the Russian Federation have been adopted, exempting organizations that have received the status of a participant in the Military Innovation Technopolis “Era” from VAT obligations
  • Participants will also be able to apply a single reduced rate for insurance contributions
  • The benefits are valid for 10 years with transitional provisions
  • The law will come into effect on January 1, 2025
  • Tags: legislative initiatives, information technology, taxes, fees, contributions, tax responsibility, tax control, VAT, practical situations

Source: garant.ru

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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