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According to the general rule, if the taxpayer stays in Russia for more than 183 days during the last year, he is considered a tax resident, and his income is taxed at 13%, provided that the amount is not more than 5 million rubles per year. Higher income is taxed…
The Mayor of Moscow has signed a Decree that cancels the obligation of the capital’s employers to transfer at least 30% of their employees to remote working mode. According to the amendments, starting from August 13, 2021, the requirement to transfer at least 30% of employees to remote¬ working mode…
In 2021, a survey was conducted among the CEOs of the largest Russian companies regarding the stability of the Russian economic sector. Based on the data obtained, key trends and peculiarities of development were identified. The main trend was an increase in directors’ positive mood regarding the future position of…
The pandemic played a huge role in the usual work schedule. Constantly imposed restrictive measures forced companies to learn how to function in new circumstances. Amid all the changes, employees began to change their perspective on the work process. A significant role in employee attitudes toward work and vacations was…
Major companies are interested in moving to Russian offshore Business representatives propose that the government should expand the opportunities for exemption from Russian profits tax on income from foreign production companies operating in the format of a production sharing agreement, reduce requirements for the minimum amount of investment, the number…
Foreign citizen wants set up company. There are the most popular questions about that topic… ▪️Question: What legal forms of companies can non-residents open? Answer: Foreign citizens can open companies with any organizational-legal form, as they have the same rights in this sphere of life as residents. ▪️Question: Are there…
The Ministry of Internal Affairs of the Russian Federation has prepared a draft law, which proposes to cancel temporary residence permits, as well as to introduce 3 new legal regimes of foreigners’ stay in Russia. In addition, it is proposed to simplify the process of permanent residence permit obtaining. The…
The Federal Law “On Limited Liability Companies” has been clarified, according to which the decision of a legal entity’s sole participant to increase the amount of company’s authorized capital is subject to notarization. Performance of the relevant notarial action by a notary is confirmed by the issuance of a certificate…
Simplification of the procedure for IT-companies’ state accreditation From August 1, 2021, IT-companies will be able to apply for state accreditation through Public Services website. The current need to send a relevant application to the Ministry of Digital Development will not be any more necessary to be complied with. The…
The President of Russia has signed Decree No. 364 of 15.06.2021 “On temporary measures to regulate the legal status of foreign citizens and stateless persons in the Russian Federation during the period of overcoming the consequences of the spread of the new coronavirus infection (COVID-19)”, which extends the period of…
The draft of the Federal law «On amendments to part two of the Tax code of the Russian Federation and certain legislative acts of the Russian Federation» (hereinafter referred to as the Draft law) provides in particular: 1. Changes concerning the calculation and payment of value added tax. The Draft…
A draft law has been introduced to the State Duma requiring foreign companies operating in the field of information technologies to open representative offices on the territory of the Russian Federation if the number of Russian users of an information resource exceeds 500,000 per day. Besides a representative office, a…
The Ministry of Justice has prepared a draft legal act that establishes the ability to affix an apostille on the necessary documents in electronic form. According to the draft Resolution, the following innovations are proposed: to provide an opportunity to send an application for apostille affixing in electronic form, that…
The Prime minister of the Russian Federation has signed Regulation No. 663 of April 28, 2021, which establishes mandatory compliance with the pre-trial procedure for appealing decisions of a certain list of state bodies, including the Federal Tax Service, Federal Service for Labor and Employment and so on. It is…
In accordance with the draft No. 1021318-7 of the Federal Law “On Amendments to the Federal Law “On State Registration of Legal Entities and Sole Proprietors” and Article 80 of the Fundamentals of the Legislation of the Russian Federation on Notaries”, it is proposed to legally fix the following: notaries…
