It is important to note that when receiving benefits for income tax and insurance contributions, there is no requirement for including programs in the "Unified register", which is mandatory for receiving VAT benefits. At the same time, to get the benefits of VAT exemption, there are no conditions about the limit of the number of staff, accreditation of the company, and the share of income from implementing programs that are necessary for getting the benefits on insurance contributions and income tax.
All in all, a lot of IT companies will receive a significant reduction in insurance contributions from 2021. But also, there will be lots of companies that will be required to pay VAT, which they have never paid so far.
Considering all the advantages and disadvantages for your company, you still have the opportunity to switch to a Simplified Tax System before the end of the year. Read more here "The Simplified Tax System in Russia (6% and 15%)"
And don’t forget that our team of specialists is always at your service to help you choose the best taxation option for your company and we are ready to consult and assist you in many other issues.