KITyk support programme for IT-companies «kITyk» to be launched in Tatarstan

2 December 2020, Wednesday

The tax rate for IT companies operating in Tatarstan and being residents of the Technopark in the sphere of high technologies “IT Park” is reduced from 6 per cent to 1 per cent. The corresponding bill was published on the Official Portal of Legal Information of Tatarstan - https://pravo.tatarstan.ru/gossov/zakon.htm/?npa_id=681941.

What is the programme aimed at?

To attract a competitive IT business and retain qualified specialists in the republic. It is expected that due to the programme, Tatarstan will be able to attract about 200 companies, which, in turn, will give 3,000 new jobs and 1,178.9 million roubles in tax revenues to the budget of the republic.