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Roscongress and Paradigma Release Digest on Support Measures for Moscow Businesses

27 April 2020
Росконгресс и «Парадигма» выпустили дайджест о мерах поддержки бизнеса Москвы

The Roscongress Foundation and Paradigma Legal Group have prepared a joint topical digestcalled ‘Business Support Measures Provided by the Moscow Government.’ It covers the key small and medium-sized business support measures available, including incentives related to rent, taxes, and fees, as well as direct financial support for a number of industries.

        Earlier, the Roscongress Information and Analytical System published a number of digests dedicated to the legislative system’s developing response to the COVID-19 pandemic across various industries. The materials were focused on topics such as ‘Bankruptcy Moratorium: How the Coronavirus Has Affected Bankruptcy Procedures,’ ‘Taxes and the Pandemic: Key Legislative Changes and Tax Audits,’ ‘Property Leasing: Key Legislative Changes Caused by the Pandemic,’ etc.

Joint analytical and information digests, with recommendations for doing business during the pandemic, will be published on a regular basis.

Experts note that not only has the coronavirus pandemic made significant adjustments to modern social structures, but that it has also negatively affected both individual business sectors and the economy at large. Countries around the globe are amending their legislation in order to slow the spread of the coronavirus and support businesses that are currently weathering significant challenges.

Unfortunately, the situation requires the introduction of notable restrictions, including a complete ban on the operation of certain business sectors. In Russia, federal executive bodies on the federal and regional levels have already introduced a number of such acts.

 “We have been tracking and analysing regulatory changes since the first day that the prohibitive measures were introduced and have already developed a number of legal instruments and business solutions. We understand that this is a very challenging time for businesses, which is why we are working with the Roscongress Foundation to support entrepreneurs, informing them of any legislative changes and sharing existing business loss minimization instruments with them,” said Paradigma Law Group Managing Partner Kliment Rusakomskiy.

“In light of the quarantine measures being implemented in our country and abroad, we want to provide entrepreneurs with topical information that includes analytical and statistical data, development forecasts, and potential strategies for making it through this situation from our key expert and analytical partners. The Roscongress Information and Analytical System now features a special section dedicated to the pandemic's effect on various sectors that is regularly updated with new materials. This series of legal digests will keep our audience up-to-date on the latest changes in the legal world,” said Roscongress CEO and Chairman of the Board Alexander Stuglev.

Visit the Roscongress Information and Analytical System to stay up-to-date on all of the research on the effects of the COVID-19 pandemic and economic stabilization methods for handling the crisis.