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Law on Skolkovo Innovation Centre

September 28, 2010

Dmitry Medvedev signed Federal Law On Skolkovo Innovation Centre.

The law regulates the implementation of measures aimed at creating and maintaining Skolkovo Innovation Centre, as well as the infrastructure located in its territory.

The law allocates relevant functions to the management company in the way prescribed by the President of Russia.

Special conditions for the implementation of these measures on the Centre’s territory concern, in particular, urban planning and health and educational services.

The law provides for the creation of favourable conditions for companies engaged in research in the Centre’s territory. These conditions include reimbursement of customs duties paid for the import of goods required for research activities.

September 28, 2010