Export Support Program

Providing subsidies to the export oriented organizations within the governmental program of the Republic of Abkhazia for 2017-2019. 

The resolution of the Cabinet of Ministers of the Republic of Abkhazia  No. 27 approved a departmental program "Export Support in the Republic of Abkhazia for 2017-2019". 

The recipients of the subsidies are legal entities and individual entrepreneurs registered on the territory of the Republic of Abkhazia who are:

  • Manufacturers of finished products and exporting their own products to foreign markets;
  • Producing finished products and intending to start exporting their own products to foreign markets;
  • Exporting finished products to the foreign markets produced in the Republic of Abkhazia..

There are 3 types of subsidies to export-oriented organizations:

  1.  Subsidies to export-oriented organizations in order to reimburse  part of their costs related to paying interest on loans received from credit institutions of the Republic of Abkhazia;
  2. Subsidies to exporting organizations in order to reimburse part of the costs associated with participation in exhibition events on the territory of foreign coutries;
  3. Subsidies to exporting organizations in order to reimburse part of the cost of certification of exporting products for compliance with international standards.

The first type of subsidy is provided to:

  • export-oriented organizations to reimburse their loans in rubles and/or foreign currencies for the purchase of raw materials, components, machines, equipment, packaging, etc.
  • export-oriented organizations to reimburse their loans in rubles in the amount of 2/3 of the refinancing rate of the National Bank but not more than 2/3 of actually incurred costs;
  • export-oriented organizations to reimburse their loans in foreign currency in the amount of 1/3 of the refinancing rate of the National Bank but not more than 2/3 of actually incurred costs.

The maximum size of subsidy for:

  • Producer of finished products who export or intend to export his product to foreign markets - 5 million rubles for legal entities and 2 million rubles for individual entrepreneurs;
  • Exporter of finished goods produced in the Republic of Abkhazia to foreign markets - 2 million rubles for legal entities and 1 million rubles for individual entrepreneurs.

The second type of subsidy is provided to:
  • exporting organizations  to reimburse part of the costs associated with participation in exhibition events on the territory of foreign countries in terms of payment for rent of exhibition space, registration fees and services for the design of exhibition stands etc.

The maximum size of subsidy is in the amount of 70% of the documented costs, but not more than:

  • 200 000 rubles for legal entities;
  • 100 000 rubles for individual entrepreneurs.

The third type of subsidy is provided to:

  • the export-oriented organizations on certification of export products for compliance with international and Russian standards (GOST);
  • the export-oriented organizations on registration of certificates of origins (forms "A", "ST-1").

The maximum size of subsidy is in the amount of 50% of the documented costs, but not more than:

100 000 rubles for legal entities;

50 000 rubles for individual entrepreneurs.