These changes must still be approved by the Federation Council and signed by the President. On July 10, the State Duma adopted the tax reform law and government amendments to it. Currently, there are two levels in the personal income … Continued
On July 1, 2024, new tax rules for the sale of goods from the EAEU countries on marketplaces will come into force. Foreign sellers previously did not pay VAT when selling goods to Russians. From July 1, 2024, the VAT … Continued
In modern business, one of the main difficult problems is the process of making payments between Russian and foreign companies. Sanctions and restrictions imposed in various jurisdictions create additional obstacles to the timely and secure execution of even authorized financial … Continued
The Ministry of Internal Affairs of Russia stated that the procedure for employment and obtaining a residence permit in Russia has been simplified for foreign specialists in the field of information technology. Foreign IT specialists can enter into employment or … Continued
Russian Prime Minister Mikhail Mishustin approved the new criteria that foreign investors must meet in order to obtain the permanent residence permit in Russia: To obtain the residence permit, a foreign investor must meet one of the following criteria: Invest … Continued
The COVID-19 pandemic that began in the first months of 2020 dealt a blow to most sectors of the domestic economy. The leadership of the Russian Federation was forced to take measures to overcome the pandemic and reduce damage from … Continued
At the present time foreign investors take an interest in Russian stocks and investments in funds oriented on Russian market. Such factors as the price stabilization of oil and the hope for thaw in relations between Russian, the EU and … Continued
On July 1, 2017, the new amendments to the Administrative Offences Code of the Russian Federation (the Administrative Code) related to the processing of personal data will come into force. The Russian Government increased the fines and also extended grounds … Continued
“In-House Lawyer” is a comprehensive service of legal support in day-to-day activities of clients, time efficient and highly- qualified support of TPG-Legal lawyers team on the basis of outsourcing. TPG-Legal is aimed at legal and business support of … Continued
At the present time foreign investors take an interest in Russian stocks and investment in funds oriented on Russian market. In accordance with the research of EPFR that was published by Bloomberg, the investments in 2016 in funds invested in … Continued
