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.
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.
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.
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
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
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.
Russia is the world's 3rd biggest oil producer after US and Saudi Arabia and the 2nd largest energy producing nation in the world after US. Russia has almost 103.2 thousand million barrels of proved oil reserves at the end of 2014
Starting from 1 January 2015 a foreign organisation may be recognized as a Russian tax resident if, in particular, any of the following criteria are met.