Tax Concessions

The government of Saint Petersburg is constantly improving the business support system, creating comfortable conditions for investors. Nowadays, there are a number of tax concessions for investors.

Features

In Saint Petersburg, a moratorium has been established on the cancellation or modification of tax concessions for three years after the law of Saint Petersburg establishing or modifying the relevant tax concessions was put into force.

In order to receive tax concessions, organizations submit supporting documents defined by the legislation of Saint Petersburg on tax concessions to the tax authority at the place of tax registration as part of the report.

Category of taxpayers

• they are tax-registered in Saint Petersburg;
• the average monthly wages of employees of the organization's payroll is three times higher than the minimum wage in Saint Petersburg.s

The provided volume of investments
From 800 million RUB (inclusively) and more within no more than three consecutive calendar years

The content of the tax benefit
The rate of 13.5% (12.5% in 2017-2020) for a term of no more than 5 tax periods

Category of taxpayers

• are a party to a special investment contract;
• carry out certain types of economic activities in accordance with the OKVED: With: 13, 14, 15.2, 21, 25.73, 26, 27 ( excluding OKVED: 27.32, 27.4, 27.90.9), 28 (excluding OKVED: 28.14, 28.15, 28.21, 28.22.1 - 28.22.42, 28.22.7, 28.23.1, 28.29.1, 28.29.21, 28.29.22, 28.29.43), 29, 30 ( excluding OKVED: 30.4, 30.99), 32.5;
• receive income from the sale of goods produced as a result of the execution of the SPIC in the amount of at least 90% of all income;
• the average monthly wages of employees of the organization's payroll is three times higher than the minimum wage in Saint Petersburg.

The provided volume of investments
From 750 million RUB (inclusively) and more, within the framework of the SPIC (not earlier than the date of signing of the SPIC)

The content of the tax benefit
A rate of 0% until the expiration of the SPIC, but no later than 2025 inclusively

Category of taxpayers

• are an income tax payers credited to the budget of Saint Petersburg;
• the average monthly wages of employees of the organization's payroll is three times higher than the minimum wage in Saint Petersburg.

The provided volume of investments
At least 300 million RUB within the calendar year starting from January 1, 2015

The content of the tax benefit
The rate of 15.5% for a term of no more than 3 tax periods

Category of taxpayers

• OKVED: 62.03, 63.11;
• receiving income in the amount of at least 70% of all income provided for in paragraph 11 of Part two of Article 250 of the PC of the Russian Federation;
• the average monthly wages of employees of the organization's payroll is three times higher than the minimum wage in Saint Petersburg.

The provided volume of investments
From 500 million RUB (inclusively) and more in the period from 01.01.2018 to 31.12.2027

The content of the tax benefit
The rate of 13.5% (12.5% in 2019-2020) for a term of no more than 10 tax periods

Category of taxpayers

• are an income tax payers credited to the budget of Saint Petersburg;
• the average monthly wages of employees of the organization's payroll is three times higher than the minimum wage in Saint Petersburg.

The provided volume of investments
From RUB 15 billion (inclusive) and more within no more than any five consecutive calendar years starting from 01.01.2012

The content of the tax benefit
The rate of 13.5% (12.5% in 2017-2020) for a term of no more than 7 tax periods

Category of taxpayers

Organizations (in relation to an object of immovable property included in the unified state register of cultural heritage objects (historical and cultural monuments) of the peoples of the Russian Federation as an object of cultural heritage of regional or local (municipal) significance.

The provided volume of investments
From 500 million₽ (incl.) and more for no more than three consecutive calendar years starting from 01.01.2016

The content of the tax benefit
Tax exemption: from 500 million rubles (incl.) to 1 billion rubles, for a period of 3 consecutive tax periods;

from 1 billion ( (incl.) and more for a period of 5 consecutive tax periods.

Category of taxpayers

Organizations — in relation to buildings included in the set of real estate objects, which has been assigned the status of the innovation and industrial Park of St. Petersburg or the Technological Park of St. Petersburg.

The provided volume of investments
Making investments after 01.01.2016 in real estate objects that have been assigned the status

The content of the tax benefit
Exemption from paying tax for a period not exceeding 10 tax periods

Category of taxpayers

Organizations that are tax-registered in St. Petersburg.

The provided volume of investments
Not less than 300 million₽ in respect of real estate objects for not more than three calendar years in a row, starting from 01.01.2015

The content of the tax benefit
The rate of 13.5% for a period of no more than 7 tax periods

Category of taxpayers

Organizations that own land plots that are part of a set of real estate objects that have been assigned the status of an innovation and industrial park or a technopark, provided that the area of buildings located on these land plots is at least 50 percent of the total area of these land plots.

The provided volume of investments
Making investments after 01.01.2016 in real estate objects that have been assigned the status

The content of the tax benefit
Exemption from paying tax for a period of no more than 5 tax periods

Category of taxpayers

Organizations that are tax-registered in St. Petersburg.

The provided volume of investments
Not less than 100 million₽ in the course of not more than three calendar years in a row, starting from 01.01.2015

The content of the tax benefit
Exemption from payment of tax in respect of a land plot on the territory of St. Petersburg, within the boundaries of which real estate objects are located