Pepeliaev Group advises on a ‘substantive’ change in the approaches to the use of thin capitalisation rules.

Pepeliaev Group advises that Order No. ED-7-14/617@ of the Russian Federal Tax Service (the “Federal Tax Service”) dated 31 August 2020 has approved new forms of and requirements for drawing up the documents to be filed with the registration authority for the state registration of legal entities, individual entrepreneurs and farm businesses.  

Pepeliaev Group advises that the Russian Government has approved a draft law to simplify the state registration procedure for legal entities and individual entrepreneurs.

Pepeliaev Group advises of the amendments to the double taxation treaties with Cyprus and Malta and the increase of tax rates for dividends and interest.  

Pepeliaev Group advises that, the Federal Tax Service in its Letter No. BV-4-23/13939@ dated 31 August 2020 forwarded new recommended forms and formats for submitting the documents used when a company enters into and is subject to the tax monitoring.

Pepeliaev Group advises that the Ministry of Economic Development has suggested that companies should be permitted to conduct general meetings of shareholders remotely, using information and communications technologies.