Closed electronic procurement procedures will remain in place for designated public-sector customers until the end of 2025, with priority given to Russian manufacturers.
Sector: Military
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Extension of the simplified procedure for imports of electronic devices and equipment
Extension of the simplified procedure for imports of electronic devices and equipment
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Subsidies to high-tech industry
More than 3.2 billion rubles will be allocated to support industrial enterprises producing high-tech products
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Reduction in insurance premiums for radio-electronics
Insurance premium rates for IT companies and organizations of the radio-electronic industry have been reduced from 15 to 7.6% starting in 2025
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Preferential tax rate for adio-electronics
The income tax rate for Russian organizations of the radio-electronic industry will be 8% for 2025-2027
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Tax and insurance cuts for firms producing tech and radio-electronics
Reduction of income taxes and insurance premium rates for organizations engaged in the production of special technological equipment, components and consumables for the radio-electronic industry
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Subsidies to aircraft, engines and other selected sectors
5 billion rubles will be allocated to expand the production of aircraft, aircraft engines, instruments and assemblies in 2023.
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Preferential loans to manufacturers of electronic equipment
Extension of the program to support manufacturers of electronic equipment, under which they can take out preferential loans at a rate of up to 5%, for 2023 and subsequent years.
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Funds for design centers for electronic and microelectronic products
The government will finance the creation of small and medium-sized design centers for electronic, microelectronic and radio-electronic products.
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Individual designations, third countries, expanded banned goods list
Asset freezes targeting 11 Russian individuals, 29 entities, and 3 banks.
Prohibited exports to 22 Russian military-related entities and 31 entities in third countries (e.g., China, Turkey, UAE) suspected of facilitating sanctions evasion.
Banned 335 goods that could strengthen Russia’s industrial base, such as engines, audio equipment, and tools.