Russian Holidays - Russian Entrepreneurship Day

Entrepreneurs have existed in Rus' for a long time, even during the time of the Stroganov, Demidov, Eliseev and Morozov family dynasties Another thing is that they were called differently These were mainly merchants, artisans, industrialists and gunsmiths Today, entrepreneurs celebrate their official holiday on May 26th every year The date of the celebration was set by the President of Russia in October 2007, after signing the Decree “On Russian Entrepreneurship Day” The rights of a Russian citizen to engage in business are enshrined in the Constitution of Russia in Article 34 Entrepreneurship received its official name and status after the adoption of the USSR Law “On Individual Labor Activity” in 1986 on November 19 Later, in 1990, the Law of the Russian Federation “On Enterprises and Entrepreneurial Activities” dated December 25, 1990 established the rights of citizens to conduct business affairs Based on this law, citizens can engage in business personally, having received the status of individual entrepreneurs, and hiring hired employees Russian entrepreneurship gained development and support after the adoption of VV Putin in 2008 Federal Law “On the Development of Small and Medium-Sized Enterprises” Despite the crisis in the country, business in Russia continues to develop New enterprises are being formed, outside investments are being attracted, and jobs are being created Thanks to government support, the agricultural and industrial sectors have developed widely The service sector, retail trade, and leisure activities are developing Persons who express a desire to engage in these types of activities receive subsidies, consulting and investment assistance Newly created small businesses have tax benefits and may be exempt from paying taxes for a certain period In a word, doing business at the present time has become profitable and convenient Although any kind of business is associated with risk, the likelihood of bankruptcy and forced closure, Russians still know how to take risks At the beginning of 2018, there were about 5 million small and medium-sized businesses This is a significant figure that confirms the real importance of entrepreneurship in Russia Russian Entrepreneurship Day does not have any traditional festive events Firstly, this day is not for the general public, but exclusively for those who do business Secondly, even some officials deny the significance of current entrepreneurship in Russia Thus, I Yurgens and V Novodvorskaya consider the legalized holiday “premature and hypocritical” In their opinion, business in the country has not reached a level that one can be proud of, much less celebrate However, as many people as there are, so many opinions The holiday is legalized, the culprits celebrate the occasion with all kinds of exhibitions, conferences, business trainings, educational seminars, achievement fairs, round tables with reflections on problems and solutions Entrepreneurs with extensive experience share their experience with young, aspiring businessmen The advice received for the latter has a huge role in the promotion and development of their ideas and endeavors The innovative development of the state directly depends on the mobility of small and medium-level businesses Therefore, the positive dynamics of entrepreneurship development play an important role in the formation of the economy and the country as a whole According to the President of Russia, small and medium-sized businesses are the support of the entire state structure, the core of the economy, which must be encouraged and supported for the further prosperity and development of the entire country Well, the creativity and enormous entrepreneurial potential of Russians are the tools to achieve this goal