The Russian government has made several important steps towards strengthening the position of Russia as an outsourcing software development destination in the global market. We are proud to announce that our software development export is now seriously supported:
- More highly skilled technical resources will be available for us to assemble our most talented teams on a long-term basis. An IT-park was created in St. Petersburg at one of the technical universities (Murano Software’s main software development center is located there).
- We will be able to take advantage of tax privileges and quote you prices that are extremely competitive within the world market. According to the law on tax incentives that was signed by the President of Russia on July 28, 2006, the taxation will be reduced for companies that export software development products. Murano Vice President, Andrew Filev took part in the preliminary stages of creating this law.
- The government created quite a number of resources this summer that support software development outsourcing companies in Russia: the Federal Agency for Information Systems, the Federal Agency for ICT Export Development and the Federal Fund for Technology and Innovations. The Federal Fund will be allocated 1450 million rubles (equivalent to about 55 million US dollars) of Federal budget money and by 2010 the fund should be capitalized privately. The agencies are intended to provide a high level of integration during the installation and implementation of ICT in the executive branch and provide informational, analytical and marketing support to the IT product and services promotion in the global market.
While anyone can discuss and evaluate the possible impact of government support, we are going to take advantage of these valuable opportunities so we can constantly improve our services for you!