NIZHNY NOVGOROD, April 3The government of the Nizhny Novgorod region will reimburse IT companies and entrepreneurs operating in the IT field 100% of the personal income tax for recruited IT specialists from other regions of Russia, the press service reports heads of the region.
This measure of industry support was developed by the Ministry of Digital Development of the Nizhny Novgorod Region together with the autonomous non-profit organization (ANO) Gorky Tech as part of the Digital Economy national project, approved by Russian President Vladimir Putin. When developing the program, the received “feedback” from the regional IT community was taken into account.
“We expect to motivate companies and entrepreneurs in the IT industry to create and develop their offices in the Nizhny Novgorod region, attracting highly qualified IT specialists to the region on the terms of compensation for relocation costs. We want to show IT specialists from all over the country how serious we are about creating an IT hub world-class. We are ready to provide the most favorable working conditions for those who are ready to strengthen technological sovereignty and intellectual capital, to form the basis for the innovative leadership of the Nizhny Novgorod region and Russia,” the message quotes the words of the governor of the Nizhny Novgorod region, Gleb Nikitin.
The head of the region noted that for joint work on personnel training and technology development, a world-class IT campus “Neimark” is already being built in Nizhny Novgorod, the first network program of which will start this fall on the basis of the Nizhny Novgorod Higher School of Economics.
The support measure is already available on the Unified Subsidy Platform of the Nizhny Novgorod Region, where companies or entrepreneurs can apply for further reimbursement of their costs.
“Compensation will be paid within five years after the relocation of an IT specialist to the Nizhny Novgorod region. This system will work in this way: first, the regional budget receives personal income tax, withheld from the salary of the attracted IT specialist, and starting next year, it will be possible to receive compensation. That is, in the first quarter of 2025, Gorky Tech, as the operator of the program, will compensate IT companies or individual entrepreneurs who have entered into an agreement for the costs for the same period in 2024. The maximum amount of compensation for one attracted specialist can be about 16 thousand rubles per month and about 190 thousand rubles a year,” explained Deputy Governor of the Nizhny Novgorod Region Yegor Polyakov.
Technology companies or industry entrepreneurs must meet a number of requirements to enter into an agreement. Thus, they must be registered in the Nizhny Novgorod region and carry out economic activities within its borders according to the main IT-OKVED standards. In addition to information technology, this activity may be related to computer software development and consulting services in this area, as well as telecommunications. In addition, an employment contract must be concluded with the involved IT specialist.
«To receive compensation for such an employee, there are also a number of requirements for a specialist. For example, he must register at the place of residence or place of stay in the region no earlier than January 1, 2024, must be employed according to labor legislation in Nizhny Novgorod IT organizations or individual entrepreneurs that meet the requirements of the regulation, have at least three years of experience in the IT field in other regions and during the same period are not a personal income tax payer in our region,” the press service quotes the words of the Minister of Digital Development and Communications of Nizhny Novgorod region of Alexander Sinelobov.