Rostov Region Shopping Centres and Hotels Exempted from Rent

The Governor of the Rostov Region, Vasily Golubev, signed an order according to which the owners of hotels and shopping and entertainment centres will be exempt from rent. 

The regional government reported that for other business sectors that also suffered greatly during the period of self-isolation, the rent for real estate will be reduced. The local government recommends the exemption from land tax for hotel owners and other temporary accommodation facilities for the whole of 2020. For owners of the most affected businesses who rented municipal property, it is also recommended to reduce the fee.

Ru-Main, 10.07.2020

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