The special economic zone “Tolyatti” is an economic zone of industrial production format, which is located in the Stavropol region in the Samara region. The zone was formed by a special decree of the Russian government from 2010. Its territory is located next to AvtoVAZ OJSC, and its area is 660 hectares.
Collateral and organization
The special economic zone “Tolyatti” is a territory comprehensively provided with engineering, transport and social infrastructures. Each resident of this area has the full right to use all innovative production facilities and warehouse structures, modern offices. The SEZ is distinguished by the availability of professional and efficient access road systems. There are specially equipped parking lots for cars and trucks, areas for loading and unloading goods, checkpoints. The capacities were originally designed for the needs of potential residents, including for connecting to all types of energy resources.
Economic Zone Financing
Financing of the production activities of the zone is provided by sources of both budgetary and extrabudgetary types. 140 million euros of extra-budgetary funds, 180 million euros from the federal and 20 million euros from the regional and local budgets were allocated for the construction of infrastructure. Each resident of the Togliatti SEZ, if necessary, is provided with the resources of the administrative and business center. This is an exhibition complex and a meeting room, a medical office and a gym, auxiliary offices of banks. This all creates favorable conditions for the development of your own business.
Tax benefits
The special economic zone of Togliatti is distinguished by the presence of special tax preferences for its residents. The following points are worth noting:
- Exemption for up to 5 years from the payment of transport and land taxes.
- Property tax does not have to be paid for 10 years.
- The reduced income tax rate from 2012 to 2018 is 0%. The final rate today is 2%, but by 2025 it is planned to increase it to 15.5%.
- Special program to attract investment in the Samara region.
Consider a program to attract investment in more detail. It was adopted in November 2012. The program has been operating since 2013. And its completion is scheduled for 2018. According to the approved program, residents of the zone are entitled to receive subsidies that may be spent on the technological connection of energy-receiving technologies to engineering infrastructure facilities. Residents will receive the right to connect to sources of energy resources free of charge.
Additional benefits
The special economic zone "Togliatti" provides for the existence of a free customs regime. This allows you to significantly save on duties when purchasing imported technologies, materials and resources. If new productions are launched outside the zone, their owner, in accordance with Russian law, is obligated to pay 10% of the customs price of the goods or services. The accelerated depreciation process is applicable to fixed assets of residents. This is the establishment of a special coefficient, not exceeding two, to the basic depreciation rate. There is an accelerated procedure for channeling funds to research and development. R&D expenses are recorded in the time period in which they were made. The calculation takes place almost on the fact of expenses. An effective system of state administration functions within the framework of the SEZ “Tolyatti”, which accelerates the registration of residents as quickly as possible. Bureaucratic and administrative procedures are minimized. Investors have the opportunity not only to rent land, but also to redeem them as property.
Registration conditions for residents
The process of registering residents in the framework of the SEZ PPT “Togliatti” is quite simple, but at the same time it requires the fulfillment of certain conditions. Initially, the investor must go through a simple registration procedure in the territory of the municipal district of Stavropol. The next step is to protect the investment project within the framework of the Ministry of Economic Development of Russia. If two steps are passed successfully, it is time to conclude an agreement with the governing bodies of the economic zone, which will spell out all the obligations of the parties and the full conditions for carrying out industrial and production activities within the region. And the most important thing is the size of the investment. Each member of the zone must invest at least three million euros in his project.
Priorities and goals of the economic field
Work in the economic zone of Tolyatti is concentrated in several areas at once, such as:
- Automotive industry.
- Production of components for cars.
- Production of secondary products in the field of engineering.
- Production of consumer goods.
The task of creating a zone is not only improving the living standards of the region, as mentioned above. The development of the state’s automobile industry as a whole was used as a priority goal. It is worth mentioning the desire to integrate the manufacturing industry into the global automotive industry. It may be noted the release of high-tech and competitive units of automotive equipment and components for it.
Workforce is an added advantage
One of the most attractive features of the region can be considered its labor potential. The region holds the 7th position among 83 Russian objects in terms of labor potential. The labor force in the Samara region is characterized by a high level of qualification, labor mobility and the availability of specialized education. Work in the SEZ "Togliatti" will not stand, as the proposal of specialists is quite large. Higher education in the automotive industry and other specialized industries received more than 170 thousand people. Students are trained in 19 sectors of the economy in 250 specialties. A wide infrastructure of educational institutions provides a stream of personnel in a wide variety of areas, including in innovative areas.
