Support of the investor in the Republic of Bashkortostan

Supporting of investment projects on "single window" principal

In order to improve the efficiency of interaction between the executive authorities of the Republic of Bashkortostan and the subjects of investment activities there were introduced the Regulations of Supporting of investment projects on “single window” principle on the territory of the Republic of Bashkortostan.

«Single window» – principle means the joint work of a businessman and the Corporation for Development beginning from the primary consultation concerning the opportunities and the perspectives of an investment project, the selection of forms of governmental support and methods of problems solution, and the final stage – the implementation of the project.

The importance of «single window» – principle is in minimization of the documents required to be submitted by the initiator of the project to a competent authority in order to make a decision with respect to implementation of the investment project on the territory of the Republic of Bashkortostan.

«Single window» principle makes it possible to arrange the dialogue between the investors and the authorities, to find viable solutions, and as a result to attract investments to the Republic of Bashkortostan.

Business idea -> Packing of the idea -> Consultation (how to use governmental support on the primary stage) -> Supporting of the project till realization (Corporation and State).

The Corporation for Development working on «Single window» principle does not replace the entrepreneur. The Corporation supports his initiative, helps him to overcome all the difficulties, thus, reduces the time for realization of the project, improving prospects of success.

PATTERN OF WORK ON «SINGLE WINDOW» PRINCIPLE

It takes 12 days to collect and actualize the information before signing of an investment agreement between the parties:

  • preliminary consideration of an application
  • choice of a project supervisor from the List

The supervisor of an investment project (hereinafter referred to as the supervisor) is an official of a public body of the Republic of Bashkortostan corresponding to the profile of the project who is responsible for supporting of the investment project.

1. WITHIN 2 BUSINESS DAYS

the Corporation for Development forwards an inquiry to the investor concerning all information on the project form of Regulations

The Corporation for Development provides the investor with the information about possible lines of supporting, forms of governmental support, possibility of consultations and the list of required documents.

2.WITHIN 5 BUSINESS DAYS

the investor will send the information on the investment project

3. WITHIN 5 BUSINESS DAYS

of the date of receipt of the information from the investor the Corporation for Development is to do the following:

  • to prepare an information card;
  • to initiate the meeting with participation of the investor, heads of the republican executive authorities, departments of the Government of the Republic of Bashkortostan, bodies of local government of the Republic of Bashkortostan to coordinate the directions and the possibilities of providing the investor with the support and to choose the project supervisor.

4. WITHIN 2 BUSINESS DAYS

of the date of the meeting the Corporation for Development is to do the following:

  • to make a decision to support the project or to refuse;
  • to notify the investor in written form about the decision.

After 12 days there comes the development, coordination of measures for supporting of the investment project, signing of an investment agreement between the parties.

Project up to 30 mln.rubles - development and coordination of measures for supporting of the investment project with the supervisor and the investor>signing of an investment agreement between the investor and the Corporation

Project from 30 mln.rubles to 1 billion rubles development and approval of the protocol of intentions in respect of mutual cooperation in realization of the investment project between the supervisor and the investor>signing of an agreement between the authorized body and the investor.

Project 1 billion rubles and more development and approval of the draft protocol of intentions in respect of mutual cooperation in realization of the investment project between the supervisor and the investor -> signing of an agreement between the Government of the Republic of Bashkortostan and the investor.

The Corporation’s activities include the following:

  • improvement of the information support of the subjects of investment activity
  • development of business-plans of investment projects
  • arrangement of interaction with the financial institutions
  • search for the premises and sites
  • assistance in obtaining of permits and approvals

The Corporation for Development renders assistance to the Russian and foreign investors in the process of execution of documents for the purpose to assign a special status to the investment project (e.g. status of priority importance) that provides advantages at its realization.