Russia considers Asian countries as its major partners in the current geopolitical situation. For instance, China plays a key role in Russian-Asian collaboration. Russia and China signed about 17 agreements during the Asia-Pacific
The list of significant changes in Russian tax system including a deoffshorisation law, tax manoeuvre law and changes expected in the near future.
There are three main rates of VAT depending on the nature of the supply. The 0% rate applies, in particular, to the sale of goods exported outside the Russian Federation. The 0% rate also applies to a list of services which includes,
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.
At the beginning of 2014, Russia’s total trade with Asia reached US$144.4 billion, catching up to second place behind Russia’s trade with Europe and the UK which stood at US$318.2 billion.
Investment projects into Russia from September 2014 to March 2015
The regulation of employing foreign employees is based on imposing certain rules with respect to each category of foreign citizen.
Potential food trade as Singapore is unaffected by Russia’s import ban.
Economic reforms in Russia had been an ongoing process. Russia had since been working to improve its business environment for several years. Russian Asian Business Union.
Aerospace, E-Government, Townships and Furniture