The Ministry of Digital Development excluded more than 400 organizations from the register of domestic IT companies

Over 400 organizations have been excluded from the register of accredited companies operating in the field of information technology (IT) in Russia, informed press service of the Ministry of Digital Development of the Russian Federation.

“The register of accredited IT companies has been updated. As a result, more than 400 companies have been excluded from the register,” the report says.

More than 150 budgetary institutions, 32 banks, 12 insurance companies, etc. were excluded from the register. The main activity of all these companies does not belong to the field of information technology, the Ministry of Digital Development explained. Previously, for inclusion in the register, companies only needed to have a specialized All-Russian Classification of Economic Activities (OKVED), but now the agency also analyzes information about the organization from open sources.

In March, Prime Minister Mikhail Mishustin announced that the government would exempt IT companies from paying income tax and from inspections by regulatory authorities for three years. Organizations will be given the opportunity to issue loans “to continue working” and for new projects at a rate not exceeding 3% per annum. Employees of IT companies will be provided with preferential mortgages. In addition, such specialists, until they reach the age of 27, will receive a deferment from conscription for the entire period of work. Finally, the government will expand the grant program for the creation of domestic solutions, Mishustin added. On March 2, Russian President Vladimir Putin signed a decree on measures to support the IT industry and its further development against the backdrop of sanctions pressure.

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