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Russia: Social insurance relief for producers of equipment for manufacturing basic electronic components

Description

On 2 December 2024, the government of the Russian Federation published Decree No. 3367-р reducing social insurance contributions from 30% to 7.6% for domestic producers of equipment for manufacturing ...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jan 2025

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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