
The procedure for taxation of profit of the controlled foreign companies has been clarified.
Read more ›
On November 6, a protocol was signed to amend the agreement on the avoidance of double taxation.
Read more ›
The Decree on improvement of the Russian database of vacancies "Work in Russia" was signed.
Read more ›
All international holding companies that are residents of Special Administrative Regions in Kaliningrad and Vladivostok will be able to transfer profits abroad with a 5% tax.
Read more ›
The new law is intended to improve the procedure for determining the cadastral value of real estate objects.
Read more ›
Accountants will have to collect information and submit it to the Social Insurance Fund within three days.
Read more ›
In addition, the law requirements on currency regulation apply to cash and other financial assets.
Read more ›
Vladimir Putin has signed a Federal law that strengthens control over foreign investment in Russian companies from strategic industries.
Read more ›
In order not to lose money on personal income tax in 2020, Russian citizens will only need to stay in Russia for 90 days or more.
Read more ›
On July 22, the State Duma adopted bill No. 891654-7 in the third reading, which involves amendments to articles 12 and 19 of the Law "on currency regulation and currency control". The list of permitted currency transactions, as well as cases of non-expatriation of currency, will be expanded.
Read more ›
The authorities are preparing a revolution in the legislation on cash registers. They want to repeal the Federal Law №54 on the application of cash register equipment and transfer all the rules to the Tax Code. At the same time, the Tax Code will add sanctions and remove them from the Administrative Code.
Read more ›
Starting with July 1, the rules for obtaining and using an electronic signature will change.
Read more ›
On June 25, 2020, the Russian Government approved the Order № 1671-R, which amended the Order № 635-R dated March 16, 2020. The Order regulates some features of foreign citizens’ entry into the Russian Federation.
Read more ›
VAT for import and sale of milk fat substitute containing products is announced to be 10% starting with July,1.
Read more ›
By Federal Law No.102-FZ of 01.04.2020, obligatory insurance contributions are reduced from 01.04.2020 for small and midsized enterprises.
Read more ›
The period from April 4 to April 30 of 2020 is set as paid non-working days in Russia due to the COVID-19 situation.
Read more ›
Russia temporary restricts entry of foreign citizens and stateless persons from March 18, 2020, until May 1, 2020
As well, the Ministry of Internal Affairs of Russia suspends the acceptance of documents, registration, and issuance of invitations to enter the Russian Federation for education and labor activities for foreign citizens and stateless persons, as well as permissions to attract and use foreign employees and permits to work to the specified citizens, including permissions for Highly Qualified Specialists.

The period from March 30 to April 3 of 2020 is announced by President of Russia as non-working days throughout Russia with the preservation of employee earnings.
Read more ›
Information Notice of the Central Bank of the Russian Federation On Key Rate Reduce issued on 07.02.2020
Key rate of the Central Bank will be decreased from 10.02.2020
Read more ›
The Federal Law No. 16-FZ of 06.02.2020 On Amendments to the Federal Law "On the Legal Status of Foreign Citizens in the Russian Federation" comes to force from 05.08.2020.
The Law simplifies the procedure for finding work in the Russian Federation for students of Russian professional and higher education institutions of foreign citizens and stateless persons.
Read more ›
From 2021, companies are not obliged to submit declarations on transport and land taxes anymore.
Read more ›
On January 1, 2020, an updated List of states and territories that do not provide tax information exchange with the Russian Federation, approved by Order of the Federal Tax Service of Russia No. MMV-7-17 / 511@ of 11.10.2019 On Approving the List of States (Territories), entered into force, that does not provide for the exchange of information for tax purposes with the Russian Federation, and on the recognition of the order of the Federal Tax Service of Russia dated 04.12.2018 No. MMV-7-17 / 786@ as invalid.
Read more ›
In connection with the adoption of the Federal Law No. 478-fz of 27.12.2019, licenses for certain types of activities will be issued in electronic form from January 1, 2021.
Read more ›
The Government of Russia established new limit values for social insurance contributions calculation for 2020.
Read more ›
From the 1st of January 2020 Minimum Pay Conditions it is set as 12 130 roubles per month.
Read more ›
As part of the transition from the paper books for employment records to the electronic format, the Labor Code is supplemented by new Article 66’ - Employment Information. Employers will provide Employment Information to the Pension Fund electronically.
Read more ›
The Bank of Russia decided to reduce the key rate from 6,50 % to 6,25 % starting on the 16th of December 2019.
Read more ›
On the 8th and 9th of February 2017 in Crocus Expo exhibition center in Moscow National Airport Infrastructure Show 2017 (NAIS) will take place.

By the Federal Law N 460-FZ of 19.12.2016 it is set that minimum pay conditions will be 7 800 roubles per month from the 1st of July 2017.
Read more ›
By the Order of the Ministry of Economic Development of the Russian Federation No.698 of 03.11.2016 deflator coefficients for 2017
Read more ›
Imporant news in the payroll legislation. Starting January 1, 2017 the Tax Code of the Russian Federation is supplemented by new Section XI and Chapter 34.
Read more ›