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The Access to Government Subsidies has been Simplified
26.12.2018 11:06
The Access to Government Subsidies has been Simplified

A decree making amendments to government acts regulating subsidies of organizations came into force, as the “Parliamentary Newspaper” reports.

      In particular, the access to government subsidies has been simplified for entrepreneurs and legal entities who have not received funds this year. We are talking about legal entities, individual entrepreneurs and physical persons producing goods and services who applied for a subsidy this year, but did not receive it due to the lack of budgetary funds. 

      Read More Articles about Russian Business 

Next year, in order to receive money, they will not have to pass the repeated check for compliance: the funds will be transferred to their operating or correspondent accounts.

      Small business entrepreneurs, as well as physical persons who have registered with the employment service and wish to start a business can apply for state subsidies.

      Find more about Russian laws and consult our attorneys.




Author: Anna Dorozhkina

Tags: Russian laws Russian business    

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