Support of investment projects on a “one-stop-shop” basis on the territory of the Republic of Bashkortostan

To increase the project implementation efficiency, the Regulations of support of investment projects on a “one-stopshop” basis on the territory of the Republic of Bashkortostan (hereinafter referred to as the Regulations) were adopted and approved by the Decree of the Government of the Republic of Bashkortostan No. 490 dated November 16, 2016. The Regulations determine the order of interaction of subjects of investment activity, executive bodies of the Republic of Bashkortostan and an authorized organization in implementation of investment projects.

The JSC “Corporation for Development of the Republic of Bashkortostan” (hereinafter referred to as the Corporation) is an authorized organization in accordance with the Decree of the President of the Republic of Bashkortostan No. УП730 dated December 20, 2010 “On the Open Joint-Stock Company “ Corporation for Development of the Republic of Bashkortostan”.

Procedure for support of an investment project (hereinafter referred to as the project) on a “one-stop-shop” basis:

The investor submits an application to the Corporation.
The Corporation for Development forwards an inquiry to the investor concerning all information on the project (within 2 business days).
The investor will send the information on the investment project (within 5 business days)
The Corporation enters the information on the investment project into the investment projects data base of the Republic of Bashkortostan and initiates the meeting with participation of the investor, heads of the republican executive authorities (according to their competence), concerned structural units of the Government of the Republic of Bashkortostan, bodies of local government of the Republic of Bashkortostan to coordinate the directions and the possibilities of providing the investor with the support and to choose the project supervisor (within 5 business days)

The Corporation draws up and signs the minutes of the meeting (protocol of intentions) which contains a decision to support the project or to refuse to support the project (within 2 business days).
The Corporation elaborates in coordination with the supervisor a draft schedule of measures to support the investment project and ensures that the schedule is approved by the investor and the republican executive body (within 10 business days).
After the schedule of measures has been approved the Corporation will send it to the Authorized body (within 2 business days).

The initial day of investment project support is the date when the investor submits an information card to the Corporation.

Each municipality of the Republic of Bashkortostan has its own investment representatives acting in accordance with an approved Standard in order to provide a unified approach to work with investors and institutions of development.