Russia: Registration for social enterprise status extended to end of 2021
Registration period for social enterprise status extended until end of 2021
14 May 2021
The Ministry of Economic Development of the Russian Federation has extended the application period for confirming social enterprise status.
This is reported by the My business portal for supporting small and medium-sized businesses.
Previously it was necessary to register or confirm social enterprise status before 1 May 2021.
This status provides entrepreneurs running social businesses with government support, including financial assistance. This may be in the form of soft loans, educational programmes, subsidies, discounted provision of equipment, grants, and other forms of assistance.
The list of documents required to register for this status can be found here.