Main Advantages:

• developed business infrastructure;
• different legal forms of companies;

Requirements for company’s registration:

• requirements for minimal authorized capital - depending on the legal form of company;
• there are no residence requirements for director.

Favorable tax policy:

• low tax rates;
• the income tax rate is 20% for companies with foreign investments;
• tax on income from dividends or interest is 20% for companies with foreign investments;
• VAT rate is 1% for the financial, insurance, brokerage services, and 5% for reinsurance services;
• a system of agreements for avoidance of double taxation. 

The most attractive areas of activity:

• intellectual property, information technology, trademarks, patents;
• machines and equipment, machinery, electronics, instrumentation;
• chemical industry, metallurgical industry;
• biotechnology (wind power);
• light Industry;
• financial sector.