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Amid the global expansion of Russian companies, many organizations face the need to transfer funds outside the country. In 2025, these procedures require special attention due to new foreign exchange control rules, changes in tax legislation, and the sanctions regime. 1. Dividend Payments Abroad Taxation of Dividends: 15% — standard tax…

The Russian Union of Industrialists and Entrepreneurs (RSPP) is drafting comprehensive proposals for the conditions under which foreign companies may return to the Russian market. This initiative, launched at the request of the country’s leadership following an industry congress, aims to create a balanced mechanism that would attract foreign investment…

Cooperation between Russia and Belarus is a long–term partnership that has allowed us to create an agreement on the avoidance of double taxation. According to it, citizens of Belarus often choose Russia for creating business.

In 2025, Russian authorities established a set of requirements for the potential return of Western companies that left the market after 2022. The government’s policy on this issue combines elements of pragmatism and the protection of national interests. 1. Individual Approach and Protection of National Interests Each decision regarding a…

As part of its strategy to develop inbound tourism and strengthen international ties, the Russian government is preparing a large-scale liberalization of its visa regime. The approved draft law significantly expands opportunities for foreign citizens visiting Russia on e-visas. Key changes include: increasing the validity period of e-visas from 60…

In the spring of 2022, the decision by Western nations to disconnect key Russian financial institutions from the SWIFT system emerged as one of the most significant elements of sanctions pressure. This move substantially complicated international transactions for Russian businesses and citizens. However, recent geopolitical developments have shown signs of…

Significant amendments to the corporate legislation of the Russian Federation regarding the procedures for conducting annual general meetings of limited liability companies (LLCs) will come into force on March 1, 2025. These innovations require special attention from management and LLC participants as they substantially alter established corporate governance practices. I….

Contents: Why Choose Ozon? Business Development Strategies on Ozon Which Sole Proprietorship Is Best for Ozon? How to Register a Sole Proprietorship for an Ozon Pickup Point? Conclusion In recent years, marketplaces have become an integral component of e-commerce, offering vendors unparalleled opportunities to expand their businesses and attract new…

Contents: Registration on Ozon for Private Individuals Limitations and Key Features Advantages and Disadvantages Transitioning from Self-Employed to Individual Entrepreneur (IP) for Ozon Conclusion Ozon is one of Russia’s largest e-commerce platforms, offering sellers extensive opportunities to market their goods. While many consider launching their sales journey on this platform,…

Contents: Marketplace Requirements Types of Goods for Sale Tax Obligations Advantages of Registering as an IP Alternative Options Conclusion In recent years, marketplaces have become a popular venue for selling goods. They provide sellers with access to a broad audience and simplify the trading process. However, many aspiring entrepreneurs wonder:…

When launching on any marketplace, it is crucial for a seller to first choose the appropriate taxation system, as it determines the format of reporting, tax burden, and various operational specifics. An ill-considered choice can lead to disappointment in trading and significant financial losses.

Contents: Is It Possible to Continue Working? How to Close a Sole Proprietorship (SP) When Working on Marketplaces? What recommendations can be offered? Conclusion Question and Answer Many entrepreneurs, when starting their business journey, opt for registering as a sole proprietor (SP) as the easiest and most accessible way to…

2024 has been a challenging year for Russian businesses. The escalation of sanctions has led to the disappearance of entire categories of goods, frozen investments, and increased import costs. Domestically, high inflation, an increase in the money supply, and rising wages have forced the regulator to maintain a high key…

To protect confidential data, companies use various tools, such as non-disclosure agreements (NDAs) and trade secret regimes. However, experts emphasize that legal measures alone are not enough. A comprehensive approach is required, which includes not only legal but also technical protection measures, employee training, and clear processes for handling confidential…

Recently, the Migration Departments of the Ministry of Internal Affairs (MVD) of the Russian Federation have tightened requirements for foreign citizens from “migration- dangerous” countries. Restrictions for citizens from migration- dangerous countries  The restrictions for citizens of migration- dangerous countries may include:  – Ineligibility to obtain certain or any types…

Under the constraints of currency legislation, many companies face difficulties in settling payments with foreign partners. However, halting imports or exports is not an option, so companies are seeking alternative legal and low-risk methods for mutual settlements. 1. Barter Transactions  Barter is the exchange of goods or services without the…