January 12, 2024

The list of types of services provided by IT Park residents has been expanded

On 29.12.2023 the Cabinet of Ministers adopted a resolution “On amendments and additions to the list of types of activities allowed to be carried out by residents of the Technological park of software products and information technologies (IT PARK)”.

According to the Resolution, IT Park residents have the right to provide the following types of services:

  • design and multimedia, including web design, graphic design, motion design, and computer game design, as well as the creation of vector and 3D graphics;
  • development of digital animation products;
  • provision of venture financing for information technology projects and participation in acceleration programs;
  • provision of services in the field of esports.

To obtain the status of an IT Park resident in accordance with the new types of activities, legal entities must meet the following criteria:

 for venture financing of projects in the field of information technology and the implementation of acceleration programs, legal entities must be registered and located at the legal address on the territory of the IT Park or its branches;

 To provide services in the field of esports, legal entities must have an international certificate according to the list approved by IT Park.

Representatives of the IT Park note:

“It is expected that new types of activities will increase services in the field of information technology, contribute to the development of youth knowledge in multimedia, design, animation, and esports, and also help attract financing and support for startups.

Undoubtedly, all this will lead to an increase in the competitiveness of companies and an increase in the export potential of IT services in the country, based on the main goal of the direction – to increase exports to $5 billion by 2030.”