Subsidies for reimbursement of the part of the cost of interest to the beneficiaries of credits in Russian credit institutions on the investment projects implementation

Volumes of provision

The amount of compensation shall be set by the Law of Krasnoyarsk Kray for the financial year (the current version of the Law provides as follows:
the subsidies rate on leasing payments in the amount of ½ (one half) of the refinancing rate of the Central Bank of the Russian Federation at the date of the lease agreement conclusion);
providing subsidies on credits, received in foreign currency, shall be made in the currency of the Russian Federation at the rate of the Central Bank of the Russian Federation, at the date of actual payment of the of the credit interest).

Beneficiaries

Legal entities who are planning to implement registered and selected in accordance with established procedure investment projects with the use of own and borrowed funds, with the exception of small business entities in the territory of the Krasnoyarsk Kray.

Conditions for granting

Requirements to be met by a legal entity:
absence of procedure in the process of reorganization, liquidation or bankruptcy against the applicant;
absence of overdue debts on obligatory payments to the budgetary system of the Russian Federation.

List of documents required to make a decision on the support granting

For registration and selection of investment projects for granting subsidies on contracts:
1) application addressed to the Governor of the Kray;
2) copies of the constituent documents;
3) business plan of the investment project;
4) copies of certificates of state registration and on tax registration in the territory of the Krasnoyarsk Kray;
5) application for the granting of subsidies;
6) copies of the balance sheets and Profit and Loss Accounts (financial results reports) of an organization (enterprise) for the last fiscal year;
7) certificates of the Federal Tax Service of the Krasnoyarsk Kray, the Department of the Pension Fund of the Krasnoyarsk Kray, the Regional Office of Social Insurance Fund of the Russian Federation for Krasnoyarsk Kray on the state of the applicant's payments, respectively, on taxes, fees and other mandatory payments to the budgets of the budgetary system of Russian Federation;
8) draft loan agreement or document confirming the bank's intentions on granting a loan to the applicant;
9) extract from the Unified State Register of Legal Entities.

Where to apply

Ministry of Economic Development and Investment Policy of the Krasnoyarsk Kray.

Documents regulating the state support provision

Law of the Krasnoyarsk Kray No. 12-2278 "On state support of investment activity in the Krasnoyarsk Kray" dated from September 30, 2004;
Krasnoyarsk Kray Administration Council Resolution No.  № 91-п "On state support of investment activity" dated from March 23, 2005.