Putin has proposed tax holidays for self-employed Russians – RIA Novosti

20:5321.09.2016

(updated: 23:00 21.09.2016)

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MOSCOW, 21 sen — news. the President of Russia Vladimir Putin offered two years free of self-employed citizens from paying taxes and mandatory contributions.

As stated by the Minister of economic development Alexei Ulyukayev at the end of the year, the government will prepare a bill on the release of business for illegal activity when out of the shadows.

rhythm legal work

Necessary to exempt self-employed people from paying taxes and mandatory contributions for two years, Putin said at a meeting of the Council for strategic development and priority projects.

According to the head of the state, a temporary exemption will allow self-employed citizens “quietly enter into the normal rhythm of the legal work.”

Putin also drew attention to the fact that it is necessary to exclude any possibility of recognition of activities of self-employed citizens, illegal business.

“If necessary, it is necessary to make appropriate amendments to the legislation”, — said the President.

No of payments

One of the participants asked Vladimir Putin to accelerate the process of addressing the issue associated with self-employed citizens. He offered to pay them a reasonable payment, so they can grow, becoming micro-businesses and then small businesses.

“No payment in the next, there are two or three years will not be. Here, you only need to bring this to the end, all is already agreed, it will be done soon, I hope”, — said Putin.

the Law will be adopted by the end of the year

the bill on the dismissal of individual entrepreneurs and managers of small and medium enterprises (SMEs) from liability for illegal activity at the exit from the shadow would be ready by the end of the year, said the head of Ministry of economic development.

According to the speaker, the number of Russians who are engaged in entrepreneurship without legalization, reaches 16 million.

Commenting on behalf of the President, the speaker said: “therefore, just your instructions on the preparation of the law, which would exempt from possible liability for an unlawful enterprise, and from tax liabilities for up to three years.”

in addition to the activities, allowing entrepreneurs to emerge from the shadows, a project on support and development of SMEs in Russia involves working with those who are just planning to create a new business. Another priority project is for those who already have their business — development of new market niches for business.

Speaking of that, what mechanisms will form the new markets, the economic development Minister noted that the work will proceed and the supply-side by increasing competitive conditions, and demand (primarily through quota orders of the state and state-owned companies).