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The Russian Federal Tax Service has published Letter No. BS-4-11/7300@ dated 29 April 2020, in which it has clarified the procedure for paying reduced insurance contributions for small and medium-sized enterprises (“SMEs”).
Pepeliaev Group advises of the changes in the procedure for the disclosure of information by issuers and joint stock companies in the context of the coronavirus epidemic.
Pepeliaev Group advises that amendments to insurance legislation have come into force granting new opportunities for selling insurance products via the Internet and that new rules and limitations have been introduced with regard to the online distribution of insurance services.
Pepeliaev Group advises that a legislative ban has entered into force for Russian credit institutions to complete operations aimed at accepting money from foreign payment operators as well as to perform international payment transactions involving foreign payment systems that do not comply with Russian legislation.
Order No. 294 of the Russian President dated 28 April 2020 has established non-working days in the period between 6 May and 8 May 2020.
