Agreement on the protection and promotion of investments

The Corporation's specialists will assist in concluding agreements on the protection and promotion of investments (NWPC).

On April 1, 2020, Russian President Vladimir Putin signed a law providing for the implementation of new investment projects with the conclusion of agreements on the protection and promotion of investments. A stabilization clause is provided for the NWPC, fixing the conditions of land use, urban development, taxes, and this mechanism also involves reimbursement of investors' infrastructure costs.

One of the advantages of NWPC is compensation for infrastructure costs. The mechanism also allows for reimbursement of the cost of paying interest on loans and borrowings. Work on improving the NWPC mechanism is being conducted under the leadership of First Deputy Chairman of the Government of the Russian Federation Andrey Belousov. The authorized organization to support the processes of concluding the NWPC and monitoring their execution is VEB.RF.

According to the law on the NWPC, an investor can be reimbursed for up to 50% of the actual costs incurred for the facilities of the supporting infrastructure (necessary exclusively for the investment project) and for 10 years — up to 100% of the costs for related infrastructure (necessary not only for the project, but also for other consumers, including the population of nearby territories).

Memo on reimbursement of infrastructure costs in the framework of agreements on the protection and promotion of investments

Support subject:

1) legal entity;

A measure of support:

1) reimbursement of infrastructure costs (transport, engineering, energy and communal infrastructure facilities); for the payment of interest on loans and borrowings, coupon income on bond loans attracted for the implementation of an investment project, including the creation of real estate, intellectual property and infrastructure facilities.

2) stabilization clause - non-application of acts against the investor that may worsen the conditions in force at the time of signing the NWPC (land relations, payment for the use of natural resources, construction procedure, etc.)

1) the scope of the new investment project (NIP):

spheres of the Russian economy. At the same time, support is not provided to organizations of gambling; production of tobacco products, alcoholic beverages, liquid fuels; extraction of crude oil and natural gas; wholesale and retail trade; activities of financial organizations, construction or reconstruction of administrative and business centers and shopping centers (complexes)

2) spending directions:

- design work for infrastructure facilities (transport, engineering, energy and utilities),
- construction of infrastructure facilities (transport, engineering, energy and utilities),
- technological connection to engineering and transport networks,
- to pay interest on loans and borrowings, coupon income on bond loans attracted for the implementation of the investment project,
- dismantling of facilities located on the territories of military camps.

3) The volume of investments from 200 million rubles;

4) The amount of reimbursable expenses does not exceed the amount of taxes for 5 years:

- income tax;
- VAT (excluding reimbursed);
- property tax;
- land tax;
- customs duties.

All your questions will be answered by phone: +7(8512) 51-39-19, +7(8512) 51-87-20.