STP: new settlement procedure from 2023


Starting from January 1, 2023, organizations will switch to a new procedure for calculating taxes, insurance premiums and other mandatory payments in the form of a unified tax payment. These changes will affect any company regardless of the applicable taxation system. We have prepared a material in which we told how companies correctly follow the […]

Read more

The right to grant loans to foreign persons until the end of 2022

LEGAL DIGEST, NEWS \ 21.12.2022

The Sub-Commission of the Government Commission for the Control of Foreign Investments in the Russian Federation has extended the term for granting loans to foreign companies. Until December 31, 2022, residents – Russian companies can carry out foreign currency transactions associated with the provision of loans to foreign companies: if it is not a resident […]

Read more

Changes in the rights to purchase and sell shares in foreign companies

LEGAL DIGEST, NEWS \ 19.12.2022

The President of the Russian Federation has signed a Decree that extends restrictions on transactions for the purchase of shares in foreign companies. According to the text of the Decree, until December 31, 2023, Russian companies are prohibited from paying shares in the authorized capital of a non-resident – foreign company without the permission of […]

Read more

Destruction of personal data: confirmation procedure

LEGAL DIGEST, NEWS \ 15.12.2022

The Federal Service for Supervision in the Sphere of Telecom, Information Technologies and Mass Communications (abbreviated in Russian as “Roskomnadzor”) issued an Order confirming the destruction of personal data of individuals. Starting from March 1, 2023, personal data operators (hereinafter referred to as PD operators) are required to document the destruction of such data. The […]

Read more

Approval of the new minimum wage from 2023

LEGAL DIGEST, NEWS \ 13.12.2022

The President of the Russian Federation signed a law establishing a new amount and procedure for calculating the subsistence minimum and minimum salary (minimum living wage) in 2023. According to the new methodology, starting from January 1, 2023, the federal minimum living wage will increase by 6,3% and will be 16,242 rubles. The calculation of […]

Read more

New limits of insurance premiums in 2023

LEGAL DIGEST, NEWS \ 07.12.2022

The Government of the Russian Federation in its Resolution approved a single limit base for calculating insurance premiums for 2023. The amendments are associated with the approval of Federal Law No. 239-FZ dated July 14, 2022, which introduced significant changes in the procedure for calculating and paying insurance premiums. One of them is the unification […]

Read more

Mandatory audit and submission of annual financial statements

LEGAL DIGEST, NEWS \ 05.12.2022

We remind you of the need to submit annual financial statements and an audit report for 2022 to the Federal Tax Service Inspectorate. All organizations are required to submit reporting, regardless of the applicable taxation system. The deadline for its submission is not later than March 31, 2023. The submission form is electronic one through […]

Read more

General principles of taxation between Russia and the Republic of Belarus

LEGAL DIGEST, NEWS \ 21.11.2022

The Russian Federation and the Republic of Belarus have concluded an agreement determining the general principles of taxation on indirect taxes – VAT and excise taxes. According to the text of the document, by January 1, 2023, the Russian Federation and the Republic of Belarus (the Parties) have to bring their tax legislation concerning VAT […]

Read more