Russian President Vladimir Putin announced new business support measures and signed a decree on determining the procedure for extending the measures to ensure the sanitary and epidemiological welfare of the population:

1. An employment wage credit line of 1 minimum wage per employee will be launched from June 1.

• Loan rate — 2% (the state subsidizes the rest);
• no need to pay interest monthly;
• maturity date — April 1, 2021;
• the loan can be used to pay employees salaries and to refinance a previously taken salary loan at 0%;
• half of the loan and interest will be written off subject to the preservation of at least 80% of the staff;
• the loan and interest will be completely written off subject to the preservation of 90% of the staff;
• companies will receive a direct subsidy for the payment of salaries to employees for April and May, if they retained at least 90% of the state from the level of April. ⠀

2. Socially oriented non-profit companies and enterprises included in the list of the most affected sectors of the economy will be exempt from taxes (except VAT) for the period April, May, June.
3. Self-employed citizens will receive a refund of taxes paid for 2019 (for the regions participating in the experiment to introduce a special tax regime: Moscow, Tatarstan, Kaluga and Moscow regions).
4. Self-employed citizens will receive tax capital in the amount of one minimum wage. (For all regions participating in the experiment, including the Rostov region).
5. Individual entrepreneurs will receive a tax deduction of 1 minimum wage for insurance premiums.
6. Regional microfinance organizations will receive money from the state to increase the volume of concessional financing of business.