Country News

Foreign insurance companies will be able to operate in Russia without Russian subsidiaries

09.06.2021
In connection with Russia’s WTO accession commitments, the State Duma adopted in the first reading draft laws permitting foreign insurance companies to operate in Russia through their branches without creating Russian subsidiary legal entities.

The President of Russia established additional non-working days in June and July

02.06.2021
Vladimir Putin declared June 24, 2020 a non-working day with guaranteed employees’ salary. The parade honoring the 75th anniversary of victory in the Great Patriotic War will be held on this day.

5 working days to join the Ministry of Labour’s experiment on the use of electronic work-related documents

25.05.2021
Join the experiment and save on the issue of digital signatures for your employees until May 30, 2021

The State Duma of the RF has adopted the law on denouncing the double tax treaty with the Netherlands

18.05.2021
The consequences of the double tax treaty denunciation include increase of tax burden in respect of passive income paid in favour of Dutch residents.

The Federal Tax Service published a letter related to shareholders activities

13.05.2021
Letter of the Federal tax Service of the RF of 12.02.2021 No. ShYu-4-13/1749 defines the shareholder activity, includes examples of such activity, outlines the key principles to be followed to differ the provision of intragroup services and the performance of shareholder’s functions.
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