Each regional investment project is implemented by a single participant.
A regional investment project is an investment project whose purpose is the production of goods, the volume of capital investments in accordance with the investment declaration which should not be less than:
50 million RUB. (the investment period should not exceed 3 years from the date of enlisting in the register of participants of the regional investment project;
• 500 million RUB. (the investment period should not exceed 5 years from the date of enlisting in the register of participants of the regional investment project.
Obtaining the status of a regional investment project by an organization, which is implemented on the territory of Saint Petersburg according to By the Law of Saint Petersburg dated 18.12.2020 No. 601-131 "On Amendments to the Law of Saint Petersburg "On Tax Concessions", allows organizations to:
- apply a reduced rate of corporate income tax to be credited to the budget of Saint Petersburg, in the amount of 10%;
- reduce the amount of corporate property tax.
The period of validity of the property tax concession:
- until the termination of the status of a regional investment project participant ;
- until the amount of concessions, including income tax, reaches the amount of investments made, but no later than 31.12.2026 (cap. investments from 50 million RUB to 500 million RUB)
- no later than 31.12.2028 (with cap. investments over 500 million RUB).
The termination date of concessions under the REGIONAL INVESTMENT PROJECT:
- 01.01.2027 (investment volume 50 - 500 million RUB);
- 01.01.2029 (investment volume over 500 million RUB).
participant of the REGIONAL INVESTMENT PROJECT
A Russian organization that simultaneously meets the following requirements is recognized as a participant of the REGIONAL INVESTMENT PROJECT:
- the state registration of a legal entity was carried out on the territory of Saint Petersburg;
- the organization does not have separate subdivisions located outside of Saint Petersburg;
- does not apply special taxes. regimes provided for by Part 2 of the Tax Code of the Russian Federation;
- is not a member of the consolidated group of taxpayers;
- is not a non-profit organisation, a bank, an insurance organization (insurer), a non-governmental pension fund, a professional participant in the securities market, a clearing organization;
- has not previously been a member of the REGIONAL INVESTMENT PROJECT and is not a member (successor of the participant) of another implemented REGIONAL INVESTMENT PROJECT;
- is not a resident of the SEZ or the territory of advanced social and economic development.
Nowadays, the register of REGIONAL INVESTMENT PROJECT participants in Saint Petersburg includes 8 industrial projects with a total investment of more than 2.5 billion RUB.
Contact information
Committee on Industrial Policy, Innovation and Trade of St. Petersburg.
Authorized body for regional investment projects:
Anna Petrenko
Email: a.petrenko@cipit.gov.spb.ru
Phone: 576–00–76