Russian companies manufacturing equipment for electronic components and radio-electronic products will benefit from a reduced 8% corporate income tax rate starting 1 January 2025.
This tax incentive is part of government Resolution No. 1848, signed on 21 December 2024.
The reduced tax rate will apply to producers of CNC metal-cutting lathes, semiconductor production equipment, and tools for microcircuit manufacturing.
To qualify, companies must generate at least 70% of their revenue from the sale of equipment used to make electronic component bases and must be included in the radio-electronic industry register.
