A socially oriented non-financial development institution and a major organizer of international conventions, congress, exhibitions, business, social and sporting, public, and cultural events.

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of international conventions; exhibitions; and business, public, sporting, and cultural events. It was established in pursuance of a decision by the President of the Russian Federation.

The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, and helps foster social entrepreneurship and charitable initiatives.

Each year, the Foundation’s events draw participants from 208 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 5000 people working in Russia and abroad. In addition, it works in close cooperation with 162 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 75 countries worldwide.

The Roscongress Foundation has Telegram channels in Russian (t.me/Roscongress), English (t.me/RoscongressDirect), and Spanish (t.me/RoscongressEsp). Official website and Information and Analytical System of the Roscongress Foundation: roscongress.org.

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Alexey Sazanov

Alexey Sazanov

State Secretary – Deputy Minister of Finance of the Russian Federation
Quotes
04.06.2021
SPIEF 2021
Tackling Offshoring: Combatting Capital Flight and Improving Russia’s Investment Climate
The first thing we need to do is eliminate the privileges that made such business structuring possible. We are currently revising the agreement on the avoidance of double taxation with transit jurisdictions so that we have these privileged conditions, when it’s essentially possible to pay income from Russia that would be taxed in Russia at rates of 15% or 20% with an effective rate of 2–3%. So, when we level out the tax and conditions, the business is located in Russia and the business is located abroad. We also need to create some additional incentives so that after the tax conditions are levelled out, the business will return here. In this regard, of course, the main thing that we are seeing is the simplification of tax administration in Russia. Here, if a business has any inquiries about how else the tax administration on income tax and on personal income tax can be further simplified, we are, of course, ready and open to dialogue
04.06.2021
SPIEF 2021
Tackling Offshoring: Combatting Capital Flight and Improving Russia’s Investment Climate
Of course, we are interested in having foreign holding companies that are now located outside the Russian Federation move to Russia, creating additional jobs here, and returning capital to Russia and to Russian banks. And it’s no coincidence that in the past six months we have stepped up work to adjust the tax regime in special administrative regions. I hope that by the end of this year we will come up with a specific bill and submit it to the State Duma. The purpose of this bill is to enhance the appeal of the tax regime in special administrative regions in order to expand the range of foreign companies that can move to a special administrative region, and, accordingly, create attractive conditions that will allow foreign holding companies with Russian capital to move to Russia
03.06.2021
SPIEF 2021
The Changing Face of Small Business: New Challenges and Objectives
We pay a lot of attention to the development of small and medium-sized businesses. This is due to the fact that the Russian economy as a whole is quite cyclical being dependent on raw materials. Speaking about some important countercyclical measures, development of small and medium-sized businesses, especially in the service sector, and an increase in the share of small and medium-sized businesses in GDP, are probably among the most effective countercyclical measures. Even if you look at the German economy, this is a good example. <...> We are constantly working on improving tax regimes and various budget initiatives for small businesses