Analytics and brochures

It was approved today at the session of the Russian Government that individuals who stay in the Russian Federation from 90 days up to and including 182 days may recognise themselves as Russian tax residents in 2020 and, consequently, pay personal income tax at the rate of 13%, rather than the rate of 30% as established for non-residents. 

 Starting 15 July, organisations and entrepreneurs from “affected” industries and also socially-oriented not-for-profit organisations will be able to receive a subsidy of RUB 15.000 and on top of that RUB 6.5 for each employee for reimbursing expenses on the prevention of coronavirus.

Pepeliaev Group advises of amendments to legislation concerning electronic signatures which came into effect on 1 July 2020.

On 7 July the Russian State Duma adopted a law easing liability for violations of currency legislation. The law’s coming into force may make it possible not to pay the fines for previous violations or to pay such fines at a reduced rate in the event that the fines have not been recovered.  

Pepeliaev Group advises that the Russian Ministry of Labour and Social Protection has published Guidelines for the identification of a personal interest in procurement.

Pepeliaev Group advises that, on 8 July 2020, the Russian Government’s Resolution (the “Resolution”) came into force establishing the rules for self-regulating organisations (also the “SROs”) to grant loans to their members.