A united system of investment activities state support has been introduced in the republic. It is affirmed by regulatory legal acts defining legal, organizational and economic bases of the investment activities in the region. Law of the Republic of Komi No. 71-RZ “On Investment Activities” is the main regulatory act for fostering investments into the region.

Efficient operating mechanisms for fostering investments into the economy of the Republic of Komi:

1. Tax benefits to the companies contributing to the tax base growth regarding property on account of which tax base growth exceeds RUR 100 mln (except from tax base growth on account of tax entities operating within tax rate stipulated by items 1.1, 3, 3.1 - 3.2, article 380 of the Tax Code of the Russian Federation);
2. Entering into a special investment contract;
3. A no-tender state or municipal land-plots leasing to investment entities for large-scale projects implementation;
4. Tax benefits to partners/concessioners entered into public-private partnership contract with the Republic of Komi, including a concession agreement;
5. Tax benefits to the Priority Social and Economic Development Areas’ resident companies in Komi.