Guide to Investment the Republic of Tatarstan
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Guide to Investment The Republic of Tatarstan 1st 1st in the national regional among the Russian regions investment climate ranking in innovation activity of in 2015, 2016 and 2017 organisations in 2019 Content PwC Russia (www.pwc.ru) provides industry-focused Welcome letter, Rustam Minnikhanov President of the Republic of Tatarstan 2 assurance, tax, legal and business consulting services. Over 2,700 professionals working in PwC offices Welcome letter, Taliya Minullina Head of the Tatarstan Investment Development Agency 4 in Moscow, St Petersburg, Kazan, Ekaterinburg, Welcome letter, Denis Derevyankin Novosibirsk, Rostov-on-Don, Krasnodar, Voronezh, Managing Partner, PwC office in Kazan 5 Vladikavkaz, Ufa, Nizhny Novgorod and Perm share Six reasons to invest in Tatarstan 6 their thinking, experience and solutions to develop Tatarstan is for smart investors only 8 fresh perspectives and practical advice for our clients. The global network of PwC firms brings together Tatarstan as part of Russia 10 more than 250,000 people in 158 countries. High development potential 12 Strategy 2030 14 PwC refers to AO PricewaterhouseCoopers Audit, Well-developed investment infrastructure 16 or, as the context requires, other member firms of PricewaterhouseCoopers International Limited, each Federal sites for investment projects 18 of which is a separate legal entity. Advantageous geography 30 Strong state support for investors 32 Frequently asked questions by investors 34 High level of human capital 40 Tatarstan as a global event centre 44 Made in Tatarstan 48 Visit Tatarstan 50 Things to do in Tatarstan 52 PwC in Russia 56 This Guide to Investment has been prepared jointly Contacts 58 with the Tatarstan Investment Development Agency. This publication contains information as of March 2019. The Republic of Tatarstan 1 Welcome letter Rustam Minnikhanov President of the Republic of Tatarstan Dear partners, Tatarstan is one of the most “digitalised” into transcontinental routes like the regions in the Russian Federation. anticipated Moscow-Beijing railway The Republic of Tatarstan is one of the The republic leverages information or the New Silk Road. most dynamic, economically mature and technology to the fullest and attracts politically stable regions in the Russian cutting-edge projects. For example, Close relations and economic ties Federation. Innopolis University hosted an with other Russian regions and CIS international school for autonomous countries, as well as the high level of The republic’s current level of economic vehicles here in 2019. internal development, make Tatarstan development provides investors with an excellent hub for foreign businesses equally favourable conditions regardless of The republic is continuously improving looking to enter local markets. a project’s focus, be it the construction its investment infrastructure. Tatarstan of an agricultural facility or the organisation is home to the Alabuga industrial The republic also serves as a stage for of high-tech processing centres. manufacturing zone and the Innopolis annual global events attended by local technology and innovation zone. residents and visitors, including the Global brands like General Electric, In 2019, a fifth territory for advanced Universiade, FIFA Confederations Cup, Ford Sollers, Daimler, Air Liquide, Haier, socio-economic development was set FIFA World Cup and WorldSkills 2019. Philips, Rockwool, Marriott, Hayat Group, up in Mendeleyevsk. All of these sites Fujitsu, Kastamonu, Wienerberger and Supporting businesses, attracting large offer federal benefits and privileges to 3M, among others, have all experienced investment initiatives and increasing their residents. The existing production success in Tatarstan. the volume of non-commodity exports infrastructure was built in technoparks are the leading priorities for regional and municipal industrial sites. In order to make the process of economic policy. We are focusing on the starting a business in the republic Himgrad Technopolis, High Technology future, and we welcome partners who more transparent and comfortable Technopark IT-Park, Idea Technopark are ready to collaborate with us on large- for our partners, Tatarstan is actively and the republic’s engineering centres scale projects to attain ambitious goals. applying the “one-stop shop” concept, offer excellent conditions for launching which features a number of services high-tech production, including for submitting requests and obtaining opportunities to collaborate with experts documents. The Tatarstan Investment and research labs. Development Agency is an inter-agency government structure responsible for Tatarstan has an advantageous location attracting, maintaining and promoting since the country’s major thoroughfares investment projects, as well as for pass through the republic. These Rustam Minnikhanov promoting Tatarstan’s potential in routes are ready to be integrated President of the Republic of Tatarstan external markets. 2 PwC | Guide to Investment The Republic of Tatarstan 3 Welcome letter Welcome letter Taliya Minullina Denis Derevyankin Head of the Tatarstan Investment Development Agency Managing Partner, PwC office in Kazan regard as well, with Moody’s currently the regional government and business rating Tatarstan as “stable”. community to unleash the region’s economic potential. For over 10 years, Tatarstan has provided investors with tax benefits and special For more than 10 years, PwC Kazan privileges. Today, depending on their has worked with a large number of local profile and location, investors can receive clients. Throughout this time, the regional a plot of land with infrastructure, free government has been relentlessly committed utilities connections and exemptions from to improving the investment climate in land, property and transport taxes for Tatarstan. As more and more investors 10 years starting from their first profits, have come here, the number of investment as well as other benefits. Tatarstan is the projects has grown substantially. Tatarstan only region in Russia that has seven areas has firmly established itself as a reliable exempt from federal taxation. partner for investors from all around the Dear partners, Dear friends, world. The scale of the projects that have Tatarstan is a member of several national been made possible by the combined efforts We are proud to present Tatarstan, and international trade and economic For the past several years, we have joined of the government and investors has truly a unique region in Russia. associations, giving us and our partners with the Tatarstan Investment Development Agency to publish our Investor’s Guide to been staggering. Our competitive advantage originates access to both domestic and international the Republic of Tatarstan. We highly value from a rare combination of deep cultural markets. Along with supporting large investment the work that we have done together on roots, a thorough and systemic approach projects, Tatarstan also hosts a large We maintain sustainable, cordial and this collaborative project. This year, we are to everything, and the drive to make number of international athletic and cultural mutually beneficial relations with all of our releasing the Guide to coincide with the significant achievements, reach new events every year. The Republic’s image is partners, and those who complete projects KazanSummit, which we have supported horizons and adopt new technology. changing as the quality of life has improved. in the republic seek to do so again and as a partner for a number of years. Tatarstan is rich in opportunities and again. See for yourselves by investing We hope this study will help prospective appeal for investors. The purpose of in Tatarstan! We are very pleased to present the ninth investors evaluate the full range of the Tatarstan Investment Development version of the Investor’s Guide to the Tatarstan’s investment appeal. Agency is to convert this appeal into Republic of Tatarstan. real projects. Welcome! Рәхим итегез! Tatarstan today is a vivid example of how We have everything needed to achieve to build a dynamic and rapidly growing this goal. For four years in a row, economy. Tatarstan has been Russia’s leading I have no doubt you will discover region according to a ranking of the Taliya Minullina opportunities to develop your business Denis Derevyankin national investment climate. International Head of the Tatarstan here with success. One of Tatarstan’s Managing Partner of the PwC rating agencies hold the republic in high Investment Development Agency key advantages is the joint efforts of office in Kazan 4 PwC | Guide to Investment The Republic of Tatarstan 5 Six reasons to invest in Tatarstan 1 2 3 4 5 6 Tatarstan High Well-developed Advantageous Strong High level is for smart development investment geography state support of human investors only potential infrastructure for investors capital 6 PwC | Guide to Investment The Republic of Tatarstan 7 Tatarstan is for 1 smart investors only International investors Global events Tatarstan has extensive Tatarstan hosts a variety of experience in working with international events every international investors. It year. In 2013, it hosted is no accident that leading the Summer Universiade. international companies, Kazan was one of the host including 3M, Air Liquide, Bosch, cities for the 2018 FIFA Daimler, Fujitsu, Hayat Group, World Cup, and the region Mercedes Benz and Rockwool welcomes the WorldSkills have established a foothold in Championship in 2019. Tatarstan. International