Requirements have been established for the architectural and urban look of a capital construction facility and the rules for approving it The Russian Government has adopted a Resolutionwith requirements for an architectural and urban look of a capital construction facility and the rules for approving it.

The rules for localising seed production in Russia are coming into force

Amendments have been made to the Law on special economic zones in Russia

Small Business Relief for Corporate Tax in the UAE The FTA has just released a Corporate Tax Guide on Small Business Relief for taxpayers with Revenue of less than or equal to AED 3,000,000 (approx. USD 800,000).

A draft law is being prepared to introduce new and increasing current fines for non-compliance with requirements in the field of personal data protection

Senators Andrey Turchak and Irina Rukavishnikova, and deputy Alexander Hinstein have submitted a draft law to the Russian Government for review. The draft law proposes new administrative fines for operators failing to comply with the requirements of Federal Law No. 152-FZ “On personal data” dated 27 July 2006 (“152-FZ”). In addition, the draft law provides for an increase of current fines for non-compliance with the requirements for the processing of personal data.

On changes in tax monitoring Adopted and planned changes in the regulation of tax monitoring.

Distribution from a designated zone in the UAE. Case study

A distribution company (‘Distribution Co’) is incorporated in a free zone in the UAE. This zone is not included in the list of the designated zones. However, Distribution Co buys products and orders services from third parties to transport and store them in a UAE designated zone, and then distributes to the UAE mainland or abroad arranging delivery to the buyers (customers). Does this activity qualify for 0% Corporate Income Tax (CIT)?

A law has been published to reform the extended responsibility of producers and importers (EPR) On 4 August 2023 amendments were published to Federal law No. 89-FZ “On production and consumption waste” dated 24 June 1998.

The law has been signed on how to use recommendation engines in the Internet On 31 July 2023, Federal Law No. 408-FZ dated 31 July 2023 was signed by the Russian President and published. The Law stipulates new requirements for owners (the ‘owners of information resources’) of websites and web pages, information systems and computer software (‘recommendation engines’) that use information technologies for supplying information after collecting, systematising and analysing data relating to preferences of Internet users located in Russia.

Most of the articles of double tax treaties with ‘hostile’ states have been suspended

Pepeliaev Group advises of the implications of the Russian President’s Decree, suspending most of the articles of double tax treaties with ‘hostile’ states.

Numerous amendments to the Tax Code

Pepeliaev Group advises of the contents of amendments to the Russian Tax Code made in connection with the implementation of the main avenues of tax policy for 2024-2026.

A set of amendments have been adopted regarding the tax on excess profit

Pepeliaev Group comments on the law on the tax on excess profit and the associated amendments to the Tax Code.