Two-year ‘tax holidays’ offered to Dagestani businessmen

Dagestani local Legislative Assembly MPs have adopted a bill in the first reading that establishes  two year tax ‘holidays’ for entrepreneurs who registered after January 1st, 2016, when the rate of taxation reaches 0%. 

Thus, the measure should involve individual entrepreneurs, who operate under the simplified tax scheme and carry out business in the industrial, social and scientific spheres.