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MIL OSI Translation. Region: Russian Federation –

April 16, 2021 7:04 am

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Photo by M. Denisov. Mos.ru

The ability to postpone the payment will reduce the financial burden on entrepreneurs.

For entrepreneurs who rent property from the city, a new support measure is available. When renewing contracts, they can postpone the prepayment for the last five months of the lease until the end of 2022. The postponement is due to individuals and legal entities, as well as individual entrepreneurs.

“The new support measure is designed for entrepreneurs who plan to extend their lease agreements, as well as for businessmen who have already done so from March 5, 2020 to March 22, 2021, but have not yet made a mandatory payment for the last five months of the lease. 1.8 thousand entrepreneurs, whose lease agreements have already expired or will end in 2021, will be able to get an extension. You can apply for a postponement until the end of 2022, “said the Deputy Mayor of Moscow for Economic Policy and Property and Land Relations.

Vladimir Efimov

According to him, this will reduce the financial burden on entrepreneurs during the period of economic recovery. The decision to introduce a new support measure was made jointly with the Commissioner for the Protection of the Rights of Entrepreneurs in Moscow and the business community.

The deferral of the lease of state and municipal property is one of the most demanded support measures. As noted by Tatyana Mineeva, Commissioner for the Protection of the Rights of Entrepreneurs in Moscow, in the context of economic recovery, the security payment for business is a serious burden. “On average, a five-month deposit for dry cleaning or laundry is 10 million rubles. The new support of the city will reduce the financial burden on business and allow enterprises to increase their turnover, ”explained Tatiana Mineeva.

According to the new rules, deferred five-month payments must be made by December 31, 2022. The tenant will determine the specific payment scheme. Only conscientious tenants will be able to take advantage of the deferred security payments.

“We are talking about individuals and legal entities, as well as individual entrepreneurs who had no debt under lease agreements and did not violate their terms when using city premises. To extend the contract, you must contact the City Property Department for the state service “Issuance of an additional agreement on amendments to the lease agreement for immovable property owned by the city of Moscow, excluding land plots and housing stock”, “added the Minister of the Government of Moscow, head

City Property Department Maxim Gaman

Entrepreneurs pay a security deposit upon extension of the term of a lease agreement for non-residential premises within 15 days from the date of its state registration. The amount of payments for five months allows the city to avoid financial losses if the tenant behaves in bad faith and the relationship with him is terminated early. A security deposit is not charged from organizations that are financed from the city budget.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

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