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What Tax Incentives are Available for Entrepreneurs and Investors in Russia?
... which reduces the cost of goods and services.
Reduced insurance premiums. For Skolkovo residents, the insurance premium rate is set at 14% instead of the standard 30%, lowering labor costs.
Exemption from property tax and land tax. This exemption allows companies to reduce expenses related to property and land ownership.
The company
Open Oil Market
is a Skolkovo resident and fully utilizes the aforementioned benefits. This helps us optimize taxation, reduce costs, and allocate more resources for the development of our wholesale procurement platform for petroleum products.
5. Tax Incentives ...
Brodude: "The Oil Business: The Story of a Fuel Company Founder"
... That idea motivated me from then on. I started working for the long term, earning money, and educating myself. That’s how Oil Resource was born.
What did you give up for success?
I love sports and used to dedicate a lot of time to it. I had to ... ... claims, but our contractors don’t, we always try to resolve the issue amicably. Also, we don’t poach employees from other companies. It’s tempting, but we refrain because we value our reputation and good relationships with other companies.
You’ve ...
What to Expect in the Oil Market
... developments. However, such occurrences are rare. In most cases, problems arise unexpectedly. Preventing them is not feasible.
According to Sergey Tereshkin, the overall forecast regarding future developments is not optimistic, particularly concerning Russian oil. Companies engaged in extraction must make considerable efforts to rectify the situation and regain consumer trust in their products. This may take years or even decades. Meanwhile, the industry is not stagnant. Many sectors are seeking to replace oil ...
Who is a business angel?
...
Failure risks. Most startups fail in the early stages, and angel investments may not bring the expected returns.
Our company, Open Oil Market, a commodity marketplace, has also chosen a pre-IPO strategy for entering the market. We are participants in the Skolkovo ... ... was the case with Parallels.
2. Yuri Milner
Known as: Co-founder of DST Global and one of the most successful investors in IT companies.
Investment projects:
Facebook – invested in the early stages, when the company was worth about $10 billion. After ...
Investing in Securities – Is It Profitable?
..., such as Facebook, where new companies prove highly profitable, these cases are exceptional. Most investors often end up losing their money.
It is not advisable to invest all capital in the stocks of a single company. Diversifying risks is crucial.
Companies engaged in extraction and sales of oil, gas, and petroleum products tend to offer the highest returns. Additionally, firms focused on developing various software products are often considered promising.
Invest in securities only with funds that are already available. Borrowing money and ...