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
Before a foreign national can work in Russia as an employee, both a work visa (except "visa-free” nationals) and a work permit must be obtained.
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.
Russia pays heed to maintain diverse economic ties with the world, instead of focusing only on its neighbouring European markets.
Russia turns towards Asia for new trade flows.
2014 stresses showed Russia the vulnerabilities of over reliance on one market bloc. Russia responded with 3 cohesive strategies, most notably in its pursuit of Asia.
All important figures about Russia
Russia Victory Parade 2015. Russia marked 70 years since the victory over Nazi Germany on Saturday with a spectacular parade in Moscow featuring some 16,000 soldiers, 200 armored vehicles and 150 planes and helicopters.