The word "leasing" comes from the English leasing - "rent". This is a financial tool that helps businesses and individuals to purchase this or that thing. Literally leasing is the provision of long-term lease for a car, housing, equipment, building with the possibility of their subsequent purchase.
The contract is concluded between the lessor (a company that provides equipment for rent for a long time) and the lessee (the lessee who pays for the use of the equipment). After the expiration of the contract, the tenant company has the right to conclude a new contract or extend the old one. Also, the lessee has the opportunity to purchase equipment at the residual value.
The purchase of equipment under this type of contract allows you to reduce the tax burden of the company (in the regulation of income tax). Non-consumable things (buildings, equipment, enterprises, vehicles, structures and other immovable and movable property) become the subject of leasing.
The leasing company's income is made up of the markup it makes on equipment (banks work in a similar way, providing loans to their clients). This margin can be significant; at the end of the lease term, the client receives the equipment itself at a minimum cost (and in some cases free of charge).
International leasing options are possible. In this case, the companies that conclude the contract may be located in different countries. In this case, even industrial enterprises and production facilities can be leased. The only condition should be their subsequent commercial use for the purpose of making a profit and providing services. But in Russia from January 1, 2011, this condition is not mandatory.
A distinction is made between financial leasing, when, after the expiration of the contract, the subject of the contract (equipment) is transferred to the lessee free of charge; and operating leases, where the equipment is purchased by the lessee at the end of the contract.
The only exception in this case is natural objects and land plots, which have a special procedure for circulation.
