Mintsifra proposes to subsidize foreign buyers of Russian software

by time news

The concessional lending program is proposed to be opened for four categories of borrowers: foreign customers of domestic software, Russian software developers, individual entrepreneurs, as well as Russian companies that implement projects together with legal entities that are part of the same group with them. This is stated in the draft government decree, which was reviewed by Vedomosti.

To receive a soft loan, a foreign borrower must meet the following requirements: not be in the process of liquidation, reorganization (except for the reorganization of the borrower in the form of merger or transformation); the borrower should not be subject to insolvency (bankruptcy) proceedings.

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