NEWS

On August 2, 2019, laws were signed to upgrade the SPIC (special investment contract) mechanism.

This is an agreement between an investor and a public party (jointly the Russian Federation, a constituent entity of the Russian Federation, and a municipality) on the implementation of an investment project involving the creation or introduction of an advanced technology for organising mass production of industrial products.

The public party guarantees the stability of the business environment and the application of special support measures – tax incentives, subsidies, etc.

We invite interested companies to discuss draft regulations on the SPIC mechanism.

Draft documents governing the procedure for concluding, implementing, amending, terminating SPICs are available at regulation.gov.ru on the following links:

• https://regulation.gov.ru/projects#npa=94242
• https://regulation.gov.ru/projects#npa=94297
• https://regulation.gov.ru/projects#npa=94300
• https://regulation.gov.ru/projects#npa=94314
• https://regulation.gov.ru/projects#npa=94246
• https://regulation.gov.ru/projects#npa=94298
• https://regulation.gov.ru/projects#npa=94292

https://regulation.gov.ru/projects#npa=94312