Translation. Region: Russian Federal
Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.
The government continues to improve the conditions for doing business, including those related to industrial and amateur fishing. A resolution has been signed changing the procedure for paying fees for concluding new agreements for the use of fishing areas.
Until now, when concluding a contract, it was necessary to pay 40% of the total amount of the fee, 30% no later than one year from the date of concluding the contract, and another 30% no later than two years from the date of concluding the contract.
Now the document stipulates four payments instead of three. When concluding the contract, it is necessary to pay 25% of the payment amount, another 15% no later than one year, 30% no later than two years from the date of the contract, and another 30% no later than three years from the date of the contract.
“These opportunities will become available to existing enterprises without bidding if their contract expires. The entrepreneur himself makes the decision to renew it,” Mikhail Mishustin noted during Government meetings on April 30.
The Prime Minister recalled that there are a significant number of small and medium-sized enterprises operating in this area, including artels and agricultural cooperatives. Their profitability is not that high, and the previously established payments were significant expenses for them. He added that the new regulation will improve the sustainability of the industry and will help preserve jobs in the regions.
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