Which is very popular remains outside these

The state supports SMEs through a set of financial (subsidies, grants, concessional loans), social (ucational programs, staff development), infrastructure (platforms for SME procurement, IT company registries) measures, as well as by rucing the administrative burden. About 80% of SMEs do not benefit from government support measures for various reasons, according to our 2022 small business survey . Since 2019, the number of employees in small and mium-siz businesses in the Russian Feration has remain virtually unchang and at the beginning of 2023 is at the level of 15.2 million people. (excluding individual entrepreneurs), or 20% of all employ in the economy.

Statistics in the Russian Feration

This is well below the US and EU, where the figure is Paraguay Phone Number List around 46% and 64% of all employ in 2022. However, the category of self-employ. Since the introduction of this tax regime in 2019, the number of self-employ people has almost doubl annually and has already reach 6.5 million people in 2022. Many foreign-orient SMEs are likely to move to friendly countries and arrange logistics on behalf of a company outside the Russian Feration, instead of trying to enter foreign markets on behalf of a Russian company. The rapid growth of Russia’s foreign trade turnover with friendly countries since the second half of 2022 shows that this process is already underway and so far suits all parties.

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In the interaction between SMEs

At the same time, the complexity of logistics and sanctions USA CFO risks will limit the competitiveness of such SMEs in new markets. And large businesses, there are two main opportunities that are currently being implement in the Russian Feration: the inclusion of SMEs in the supply chains of the production of large businesses, for example, within the framework of a government or corporate SME digital platform. SMEs get access to the B2B market, and large businesses can attract suppliers of unique or non-scalable products. of the Russian Feration “1764 were significant.

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