Business receives support in Dagestan

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On May 17, the Head of Dagestan Sergei Melikov chaired a meeting of the Council for Coordinating the Activities of Regulatory and Law Enforcement Agencies in the Financial and Budgetary Sphere.

The Council members considered issues related to supporting business in Dagestan and approved some of them:
-The tax rates will be halved under special taxation regimes that are applied by small and medium-sized businesses till the end of 2022
-For retail, office and commercial real estate, the property tax rate will be reduced by a third
-A bill that provides for a reduction in tax rates under the simplified system, the unified agricultural tax and the transport tax for heavy vehicles was developed
-Besides, the government officials adopted decisions on introduction of a delay in implementation of internal state (municipal) financial control in relation to the main managers of budget funds and recipients of budget funds.

If necessary, we will continue to make decisions to reduce tax burden on businesses and ease tax administration - Sergei Melikov said. Dagestani Head also assured that businesses operating within the law will always receive support from the republic authorities.

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