Moscow authorities encourage the localization of private industrial production in the city. To locate plants in the Technopolis Moscow Special Economic Zone, foreign business can rent both free land plots with production purpose (greenfield) and finished premises (brownfield), what is especially attractive for small companies not planning to launch a large-scale production. Entrepreneurs who localize their activities at such sites are exempt from profit tax (on the regional level), land and transport tax, can buy out land plots on preferential terms after the facilities have been commissioned.
To support new projects and efficient existing companies, the Moscow Government provides business with special statuses: industrial complex, technopark, investment priority project, which give the right to profit, property and land tax benefits, land rent relief. This reduces the regional tax burden and allows companies to develop at an accelerated pace.
At present, many foreign enterprises have already localized their production in Moscow including the plants of Renault Group (France), KSB Corporation (Germany), Orpea Group (France), Bartholet Maschinenbau AG (Switzerland) and others.
Foreign business successfully implements a number of health care projects in the International Medical Cluster (IMC) located in the Skolkovo Innovation Center. Foreign clinics can operate here in accordance with their national medical legislation, use their own medicines and treatment methods without certification. The first clinic that opened in IMC was a branch of the Israeli Hadassah medical center. The Seoul National University Bundang Hospital, the Center of French Medicine, the Clinea multi-disciplinary rehabilitation center of the ORPEA Group and the research laboratory being set up jointly with AFK Sistema will open on the territory in the next years.