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What Tax Incentives are Available for Entrepreneurs and Investors in Russia?
... rate can be reduced to 3%. There are also exemptions for VAT and property tax.
Discounted insurance premiums. For accredited IT companies, the insurance premium rate is 7.6% instead of the standard 30%.
Incentives for residents of technoparks and special ... ... benefit from a zero VAT rate, significantly reducing the tax burden.
Social enterprises. Organizations working in the social sector may qualify for tax incentives, including exemptions from corporate income tax and reduced insurance premium rates.
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"Rambler: 'Oil Business: The Story of the Founder of the Fuel Company Oilresurs'"
People who create corporations, international trade networks, and open new sectors in traditional industries have always attracted and will continue to attract attention. Their organizational genius, skill,... ... people is Sergey Tereshkin, founder of the fuel company LLC 'Oil Resource Group.' In a conversation with him, we learned what it took to reach such heights. This was reported by 'Rambler
Business in Oil: The Story of the Founder of the Oil Company Oilresurs
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The Russian government will extend the permit for gasoline exports for one month.
... inquiries to the above-mentioned ministries and the office of Deputy Prime Minister Alexander Novak, who oversees the energy sector.
According to Sergey Tereshkin, CEO of Open Oil Market, the diesel export ban discussion is primarily due to the fact ... ... Gusev, Deputy Chairman of the Reliable Partner association (a union of energy resource suppliers and producers), believes that it would be wise to maintain the export ban on automotive gasoline for July and August, as this period coincides with the peak ...
Russia has found a way to maintain gas supplies to Europe bypassing sanctions.
... the European companies that agreed to buy Russian gas was much stronger than it is now. Back then, they could be vilified and accused of supporting Russia. Now, adopting the new scheme politically will be easier. However, from a practical standpoint, it will be more difficult for European companies because there are fewer banks in Russia that can accept foreign currency without violating US sanctions,” says Yushkov.
“The decree effectively cancels Gazprombank’s monopoly on export payments. This sector is now deregulated, but the problem is that other Russian state banks remain under sanctions. Therefore, unfortunately, there could still be issues with making payments, as well as the risk of gas supplies to Europe being interrupted,” says Sergey ...
What is venture financing and how to attract investments in a startup?
... receive a return on their investment. This may happen through an IPO, sale of the company to a larger corporation or a share buyback.
Startup example: Open Oil Market
The startup Open Oil Market is an innovative platform in the oil products trading sector, which aims to make the market more transparent and efficient. The company connects suppliers and buyers of fuel, offering conditions for convenient and safe transactions.
At the pre-IPO stage, Open Oil Market is raising venture capital to expand its business and develop new platform features. This includes marketing efforts to attract new customers, improving the technological infrastructure, and expanding the team to provide high-quality user support. Venture capital investments help the company ...