Accompanied by the Development Corporation, investors were among the first to conclude agreements on the protection and promotion of investments

Three projects, supported by the Development Corporation of the Republic of Bashkortostan, became one of the first participants in the republican program for the protection and promotion of investments. The relevant agreements were signed by the Government of Bashkortostan with the following investors: LLC "Irbis-RB Fuel Company" with a construction project in the village of Mikhaylovka of the Ufa district of a roadside complex (the planned investment volume is 150 million rubles with the creation of 20 new jobs); LLC "Fortuna Plus" with a project to create a recreation center in Ufa "Freedom» (planned investment volume of 205.5 million rubles with the creation of 32 new jobs); LLC «Narystau» with the project of expanding the tourist complex «Narystau» in Miyakinsky district (planned investment volume of 41 million rubles with the creation of 10 new jobs).

– Investors who have concluded agreements on the protection and promotion of investments receive not only a wide list of preferences for which they can apply. These are obtaining a land plot for rent without bidding, tax benefits, the possibility of obtaining a land plot without bidding, reimbursement of costs for the creation of engineering infrastructure. In addition, they can count on a simplified procedure for obtaining these measures with a minimum number of documents, explained Nail Gabbasov, Director General of the Development Corporation of the Republic of Bashkortostan.

Since July 1 of this year, on behalf of the Head of Bashkortostan Radiy Khabirov, the liberalization of investment legislation has been carried out, the procedure for obtaining state support measures has been simplified and the minimum investment requirements have been abolished. Now both the number of documents for obtaining state support measures and the amount of time for reviewing these documents have been significantly reduced. The project is submitted for consideration by the Investment Committee, which decides on recognizing the project as a priority and providing it with state support. Further, an agreement on the protection and promotion of investments is concluded with the investor.

The list of documents required to conclude an agreement on the protection and promotion of investments includes: investor declaration, presentation materials, information about engineering and transport infrastructure facilities (if reimbursement is requested for the creation and (or) reconstruction, and (or) modernization of infrastructure facilities, and (or) costs on technological connection to engineering networks, Nail Gabbasov noted. In the order of interdepartmental interaction, the following may also be requested: an extract from the Unified State Register of Legal Entities (EGRIP), certificates on the absence of debts on taxes and fees, certificates on the absence of information in the registers of disqualified persons, offshore companies, extremist organizations.