OREANDA-NEWS Preferential insurance premium rates for companies in the IT sector will begin to operate in 2026, in addition, income tax will not exceed 5%, said Russian Prime Minister Mikhail Mishustin.

"Given the importance of the information technology sector for the Russian economy, we continue our policy of supporting it. It is planned that starting next year, preferential insurance premium rates will be in effect for this business – at the level of 15%, which, I remind you, is two times lower than for other industries. And if, let me remind you, the income of the company's employees is more than the marginal base, then such contributions will amount to even less - 7.6%. In addition, the income tax will not exceed 5%," Mishustin said at the plenary session of the Digital Solutions Information Technology Forum.

He added that, at the request of entrepreneurs, a privilege was retained that exempts them from paying value-added tax when selling domestic software products. Buyers of Russian software and hardware complexes from the registry will continue to have the opportunity to offset such expenses by a double factor, thereby reducing the income tax base.