Global Trade Alert
Global Trade Alert

Russia: Social insurance relief for SMEs from processing industries and services

Announcement

11 Dec 2024

In December 2024, the government of the Russian Federation announced the reduction of social insurance contributions from 15% to 7.6% for domestic SMEs from the listed processing industries and services.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jan 2025

Revocation date:

No revocation date

Updated: 11 Dec 2024
Tax or social insurance relief In force

On 11 December 2024, the government of the Russian Federation adopted Decree No. 3689-р reducing social insurance contributions from 15% to 7.6% for domestic SMEs active in the processing industrie...

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