Analytics and brochures

The FTA’s Free Zone Persons Guide.
The FTA’s Free Zone Persons Guide provides substantial input in obtaining clarity. However, some clarifications requires further details. Specifically, the Guide addresses how to distinguish between a main Qualifying Activity from ancillary one. And that is where the Guide brings in more confusion than clarity, in my view. But firstly, why does the distinction matter? Read more in the publication of Andrey Nikonov, Senior Partner.

The FTA’s Free Zone Persons Guide.
The subject of this study is the distribution of customized or upgraded software solutions. Income generated from copyrighted software may qualify for the 0% Corporate Tax rate. Read more in the article of Andrey Nikonov, Senior Partner, and Maria Nikonova, Partner.

The FTA’s Free Zone Persons Guide.
In this study, we delve into VAT issues related to e-advertisements, using social media ad platforms to demonstrate the case. The focus is on applying the place of use and enjoyment rule. As usual, we utilize international case law and administrative practices to address gaps in local guidance. Read more in the article of Andrey Nikonov, Senior Partner, and Maria Nikonova, Partner.

Using AI makes business more effective. However, it also increases the number of actual and potential disputes about violations of confidentiality and unfair competition, as well as breaches of laws on advertising. Currently, existing legal provisions are insufficient to ensure that state-of-the-art technologies are safely implemented and used. Elena Sokolovskaya, a partner at Pepeliaev Group, considers what antimonopoly risks are associated with the use of AI and what legal instruments exist for protection in Russia and abroad.

While we delve deeper into the nuances and detailed examples provided by the FTA, we wanted to share a recent alert on the Corporate Tax Guide concerning Investment Funds and Managers. Read more in the article of Andrey Nikonov, Senior Partner, and Maria Nikonova, Partner.