Legal Basis for Investing: Protecting Your Financial Interests
Today, the head of the RT Investment Development Agency, Taliya Minullina, took part in a meeting of the Presidium of the Parliament, where they discussed the implementation of the republican law on investment activities.
Taliya Minullina: "Today at the meeting we discussed the implementation of the republican law on investment activities. Yesterday at the off-site meeting of the Committee, parliamentarians together with representatives of the public organization "Business Russia" discussed the implementation of the investment standard, which is currently one of the main tools for improving investment attractiveness. Also last week, the Agency conducted online training for investment commissioners in the districts of Tatarstan. And every week, the heads of municipalities of the republic, with the participation of investors, representatives of relevant ministries, business associations, and the media, report live on the investment attractiveness of the territories under their control. So, I can assure you that work to increase the investment attractiveness of the region is being carried out at all levels."
Rais of the Republic of Tatarstan: "Today, the Republic of Tatarstan is a supporting subject of the Russian Federation, an advanced and economically successful region. Our achievements are based on the creative work of all generations of Tatarstan residents, their devotion to the republic, love for the Motherland. Our common goal is to continue this path step by step, contributing to the development of a strong Russia."
For reference:
The Republican law on investment activities was adopted 26 years ago and was in force in its original version for 22 years. Only in 2020, with the update of the instrument for encouraging investments in the form of capital investments in federal legislation, the law was set out in a new version. At the same time, the industry investment legislation did not undergo major changes. The amendments consolidated the established practice of its application, and also adjusted the main mechanisms for implementing investment activities in the territory of Tatarstan. Today, more than 20 regulatory legal acts of the Cabinet of Ministers and departmental acts are in force regulating the sequence of procedures for the implementation of investment projects.