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MIL OSI Translation. Region: Russian Federation –

The measures adopted will promote the development of car-sharing in Russia

Document

The decree of 4 July 2020 No. 977

The state will subsidize up to a quarter of the costs of acquiring automotive equipment careregular companies and landlords. The decree about it was signed by Prime Minister Mikhail Mishustin.

We are talking about the discount for advance payment on the operating lease of up to 25% of the cost of the vehicle. It in the framework of the program “Affordable rent” leasing companies subsidized by the government.

The discount will be available to citizens and entrepreneurs working under the simplified system of taxation, and the companies planning to provide the acquired lease equipment to rent, for example, in the framework of car sharing.

The main condition of the program – the vehicle must be manufactured in Russia.

The new mechanism will make the hire and leasing of cars more attractive. With it, in 2020 it is planned to implement up to 14 thousand vehicles of domestic production.

The program was approved in addition to the already existing mechanism. On it in under a Finance lease discount of 10%. There is also an option for small and medium businesses and agricultural producers that take financial leasing truck tractors. For them, the discount is 12.5%.

Signed document the change in Government resolution 8 may 2020 No. 649.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure will not be perfect.

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