Simplified tax system for entrepreneurs was reduced to 1% in Bashkiria in Agidel
The Kurultai of Bashkiria adopted laws creating preferential conditions for conducting business and investment activities in Agidel. Tax preferences are provided for city organizations and individual entrepreneurs registered for the first time after January 1, 2024.
For those using the simplified taxation system, preferential rates are established:
1% - if the object of taxation is income;
5% - if the object of taxation is income reduced by the amount of expenses.
Organizational property tax is zeroed for 10 years.
“The decisions taken will help entrepreneurs successfully develop their businesses and attract new investors to the city,” says Agidel Mayor Denis Irnazarov.
Let us remind you that Agidel is equated to single-industry towns.
Author: Elina Akhmetova
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