Located right within the Russian capital, special economic zone Technopolis Moscow (Technopolis) offers its tenants the best location and business environment to launch their operations, along with a number of generous business support incentives that are unmatched, not only within the country, but also across the globe.
Moscow, being Russia’s largest, wealthiest and most populous city with an estimated 15 million residents, offers the biggest consumer market and most creditworthy clients to companies located in Technopolis omitting the traditionally expensive logistics and transportation costs their competitors have to bear to bring their products and services to the Russian capital.
Highlighting these and other advantages when explaining the choice of Technopolis Moscow as the location of his company, Alexei Rannev, CEO of Nanotechnology Center of Composites (NCC), a major Russian innovative composite materials producer, said the decision was not accidental.
“This is because for a high-tech and export-oriented goods producer, the availability of highly qualified engineering personnel and the opportunity to work in a favorable customs regime with lots of business incentives, are critically important, as they make NCC’s products more competitive globally and provide a smaller tax burden,” he said. “All these incentives offered by Technopolis enable NCC to invest more money in new developments and in its technological base.”
A unique location is not the only outstanding feature that sets Technopolis apart from its peers, locally and internationally. Technopolis spans a total area of 206.8ha, encompasses five composite sites across the city, including its core site, Technopolis Moscow, and facilities of Alabushevo, Micron, Angstrem and MIET. These sites have both brownfield and greenfield spaces, which suit the individual business needs of tenants.
Today, more than 150 hi-tech companies are located in Technopolis, which have collectively invested over $625m into their operations setup being involved in such priority industries as microelectronics, optics, medtech, life science, ICT, advanced materials, energy efficient technology and other hi-tech manufacturing.
The outstanding achievements have not gone unnoticed, as evident in Technopolis’ first place ranking in the National Special Economic Zones Investment Attractiveness Ratings, which was organized by the Association for the Development of Clusters and Technoparks of Russia.
In June 2020, Technopolis became a member of the World Free Zones Organization (World FZO). This fact, along with Technopolis’ membership in the International Association of Science Parks and Areas of Innovation, contributes to the development of international co-operation and attraction of foreign companies to Technopolis’ facilities and services.
Generous business support incentives
Technopolis tenants enjoy a considerable number of regional and federal business incentives and subsidies that contribute to a favorable business environment, which, in turn, enable them to optimise their operating costs without compromising the quality of their products and services.
Some of these incentives include a 2% income tax rate instead of a 20% rate, while land, property and transport assets are covered under a zero tax rate. Technopolis tenants also enjoy preferential leasing terms on land.
Moreover, in SEZ Technopolis Moscow there are no customs duties and fees for the import of equipment and materials used as inputs of the exported goods. Also, the operating scientific and innovative Moscow customs post of SEZ Technopolis Moscow reduces customs procedure time.
Highlighting the international focus of Technopolis’ operations, SEZ Technopolis Moscow CEO Gennady Degtev said that further expansion of international cooperation is one of Technopolis’ main development vectors. “Today, a number of companies, which operate under the foreign partnership model, receive the same business incentives as Russian companies get,” he noted.
To further highlight the importance of such business incentives to Technopolis tenants, Oleg Rudakov, the CEO of PROFOTEK, a Russian developer and producer of innovative technologies in the field of photonics, said the generous tax preferences and subsidies have enabled his company to develop its international activities more effectively.
“These preferences and subsidies help a lot, because, when entering the international market with innovative products, it is important that such goods have both technological and price-competitive advantages,” he added.
Besides, the Moscow City Government also provides full support for foreign investors locating their operations in the city, according to Mr Degtev. “It is worth noting the scope of tenants’ robust foreign trade operations, evident in the export volume of about $8.5m worth of high-tech products by 2019,” he added. “Indeed, some goods produced in Technopolis, such as electronics, optical devices, innovative composite materials and educational programs kits, among others, are exported to 30 countries.”