The Legislative Duma of Tomsk Oblast


Tomsk Laws make it easier for investors

The  Emblem of Tomsk oblast

The regional deputies continue to improve the legislation aimed to increase the flow of investments into the region’s economy. The laws adopted by the regional Duma received a high appraisal at the federal level.

Moreover, in the investment attractiveness rating of the Russian regions for 2006-2007 compiled by the rating agency Expert RA Tomsk Oblast won in the nomination “Best Investment Legislation”. In May the region presented its system for assistance to Tomsk small businesses at the Federal Assembly Federation Council of the Russian Federation and the Entrepreneurship Commission of the Council decided to support Tomsk Oblast in its endeavors and recommend its example to be followed by the other Russian regions.

At present, there are a number of laws in Tomsk Oblast supporting the resident businesses of the technical and innovation zone – the residents enjoy income tax, property tax, and transportation tax benefits.

From now on, Tomsk SEZ will become even more attractive for investments. The companies having real estate within the Tomsk technical and innovation zone are exempted from property taxes for 10 years. It was decided at the session in June when the regional deputies amended the Oblast Law “On Property Tax for Organizations” in two readings. The amendments provide an additional tax benefit for the Tomsk organizations owing real estate – they are exempted from property taxes for 10 years.

The deputies think that this tax benefit will make it possible for the SEZ residents to reduce the rental expenses and thus increase the flow of investments into the Tomsk SEZ.


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