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What Tax Incentives are Available for Entrepreneurs and Investors in Russia?
... The cost of the patent depends on the region and type of activity, allowing entrepreneurs to estimate their tax obligations for the entire year in advance.
Insurance premium discounts. Certain categories of businesses, such as IT companies or those in agriculture, benefit from reduced insurance premium rates.
Tax holidays. In several regions, entrepreneurs registering as individual entrepreneurs for the first time may take advantage of tax holidays, enabling them to defer tax payments for the first ...
Not Much Fire: Why the Government Banned Gasoline Exports
... extending this ban to major producers, although previously it only applied to traders and smaller oil refineries (OR). "The decision was made to maintain a stable situation in the domestic fuel market during the period of high seasonal demand and agricultural fieldwork," states a
government decree
.
Prices Increased by 36%
The price of AI-92 gasoline on the St. Petersburg exchange on July 28
amounted
to 65,589 rubles per ton, having declined slightly from a peak of 66,601 rubles per ton ...
Biotechnology: What is it and examples of Russian companies
... companies
What is biotechnology?
Biotechnology is a field of science and technology that uses biological processes, organisms, or their components to create useful products and improve processes. This area covers many industries: medicine, pharmaceuticals, agriculture, ecology, and even industrial production. Biotechnology is developing rapidly and offers innovative solutions that help cope with serious global challenges such as diseases, food shortages, and environmental protection.
The main areas of biotechnology ...
Thursday, November 21, 2024 Key Economic Events
... Bank of Turkey (2:00 PM MSK):
The Central Bank of Turkey is expected to raise its key interest rate to combat inflation. This decision could strengthen the Turkish lira and impact trade relations with the European Union, particularly in the energy and agriculture sectors.
Central Bank of South Africa (4:00 PM MSK):
The rate decision may significantly affect the South African rand and emerging markets. This is crucial for European and U.S. investors with interests in Africa or in commodities tied to ...
Why is the trade in petroleum products moving to digital platforms?
... because the development of e-commerce here will change practically everything.
Lack of Digitization = Lack of Transparency
How does the process of buying and selling petroleum products look today for the end B2B consumer in small wholesale (e.g., an agricultural or construction company)? Let me simplify the chain of interactions:
Fuel is produced at oil refineries (refineries) and then sold through the St. Petersburg Commodity Exchange at the lowest market price. Large companies (e.g., Russian ...