FEDERAL LAW OF THE RUSSIAN FEDERATION

of February 25, 1999 No. 39-FZ

About investing activities in the Russian Federation performed in the form of capital investments

Accepted by the State Duma of the Russian Federation on July 15, 1998

Approved by Council of Russian Federatsii17 of July, 1998

This Federal Law determines legal and economic basis of the investing activities performed in the form of capital investments, in the territory of the Russian Federation, and also establishes guarantees of equal protection of the rights, interests and property of subjects of the investing activities performed in the form of capital investments irrespective of patterns of ownership.

Chapter I. General provisions

Article 1. Basic concepts

For the purposes of this Federal Law the following basic concepts are used:

investments - the money, securities, other property, including the property rights, other rights having money value, put in objects of business and (or) other activity for the purpose of profit earning and (or) achievement of other useful effect;

investing activities - investment of investments and implementation of practical actions for the purpose of profit earning and (or) achievement of other useful effect;

capital investments - investments into fixed capital (fixed assets), including costs for new construction, reconstruction and modernization of operating plants, acquisition of machines, the equipment, tool, stock, design and exploration work and other costs;

the investment project - reasons for economic feasibility, amount and terms of implementation of capital investments, including the necessary project documentation developed in accordance with the legislation of the Russian Federation and also the description of practical actions for implementation of investments (business plan).

the priority investment project - the investment project, the total amount of capital investments in which conforms to requirements of the legislation of the Russian Federation, included in the list approved by the Government of the Russian Federation;

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info