The official explanation of the Bank of Russia on the issue of the mandatory sale of foreign currency earnings has been published. It follows from the explanation that the fulfilment of obligations under export contracts in a way other than...
Pepeliaev Group advises that the Government of Moscow has adopted a set of measures to provide economic support to those who rent land plots and non-residential premises.
Pepeliaev Group advises that, according to the position of the Russian Federal Tax Service, the reorganisation of a legal entity as a result of which a standalone IT company is created cannot be considered by tax authorities to be a distort...
Pepeliaev Group advises
that the Russian Government has extended by a month, until 28 April, the
deadline for profit tax to be paid in advance. It was due to expire on 28
March.
The regulation of the activities of the SAR
residents have been amended. A new law has been published that extends the
list of tax benefits for international holding companies (“IHCs”) (Federal Law
No. 66-FZ dated 26 March 2022). In addi...
Pepeliaev Group advises that, on 9 March 2022, a Federal Law came into effect to re-introduce a special procedure for initiating the criminal cases for which articles 198 to 199.2 of the Russian Criminal Code provide.
Pepeliaev Group advises that the Ministry of
Economic Development, in accordance with the instructions of the Russian
Government dated 8 March 2022, has prepared a draft law “On an external
administration for the management of a company”...
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