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Business

Overview of Key Business Sectors
Aerospace, E-Government, Townships and Furniture
Bilateral Collaborations between Singapore and Russia
Investment Promotion and Protection Agreement, Economic Cooperation in SEZs and Inter-governmental Commission
Mining taxation
This article relates to taxpayers engaged in the extraction of minerals other than oil and gas.
Customs duties
In August 2012, Russia became a full member of the World Trade Organisation (WTO). From that point onwards, Russia must follow WTO rules as well as the terms and conditions of accession as agreed during negotiations.
Tax incentives: Special Economic Zones & Skolkovo
In recent years, few tax incentives have been available in Russia, but that is now changing, partly due to the Russian government’s current modernisation agenda.
Employment
Russian employment law applies to all employment relationships in Russia, including those involving Russian nationals, foreign nationals, stateless persons, international organisations, and Russian and foreign legal entities.
Russian-sourced income of FLEs
A foreign legal entity (FLE) that conducts business activities in Russia through a "separate division", a term which includes representative offices, branches, construction sites and other places of business, for a period exceeding 30
Future of the Russian O&G industry
Russia is going to spend up to USD 400 bln to explore and produce offshore O&G in the Arctic over the next 20-25 years
The recognition of PE of foreign companies in Russia
A foreign legal entity (FLE) that conducts business activities in Russia through a "separate division", a term which includes representative offices, branches, construction sites and other places of business, for a period exceeding 30
Tax incentives: regional incentives
In recent years, few tax incentives have been available in Russia, but that is now changing, partly due to the Russian government’s current modernisation agenda.