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Home / Business / OFFERS SHARES TO FOREIGN INVESTORS

OFFERS SHARES TO FOREIGN INVESTORS

The resolution emphasizes such considerations as attracting foreign investors and managers to corporate governance issues of local firms, offering competitive goods and services, and reducing government’s ownership in the shareholder capital of local firms. Besides, foreign investments in local firms may be granted tax exemptions from their income depending on the volume of their investment, share of the firm they own ranging from 15 to 33 percent of the total shareholder capital.

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