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Saint-Petersburg

Auditors are now obliged to disclose information about companies

LEGAL DIGEST \ 20.08.2018

Tax authorities will be able to request information from audit firms starting from 1 January 2019.

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Key amendments to tax legislation

LEGAL DIGEST \ 19.08.2018

The summer now departing has featured an abundance of drafts and laws concerning taxation. Below we set out the most important ones:

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The increase of the VAT rate to 20% has been finally approved

LEGAL DIGEST \ 19.08.2018

The basic rate of value added tax will rise from 18% to 20% starting from 1 January 2019.

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Will offshore zones exist in Russia?

LEGAL DIGEST \ 19.08.2018

It has become known which companies will be able to do business in the newly created Russian offshore zones on Russky Island in Primorsky Territory and Oktyabrsky Island in Kaliningrad Region, starting from 1 January 2019.

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New fines for breaching migration laws

LEGAL DIGEST \ 18.08.2018

New rules of control over invited foreign employees will become operational from 16 January 2019.

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Abolition of duties for electronic state registration

LEGAL DIGEST \ 18.08.2018

A law on the free-of-charge registration of legal entities and individual entrepreneurs when documents are filed in electronic form will come into effect from 1 January 2019.

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A former employee may not face financial liability without his explanations being obtained

LEGAL DIGEST \ 20.07.2018

The Russian Supreme Court held that procedure for imposing financial liability should also be complied with for employees who are no longer in post.

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Loans to Russian non-residents: new rules

LEGAL DIGEST \ 19.07.2018

The requirements for loan agreements between legal entities that are residents and non-residents have been renewed.

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