Analytics and brochures

 On 1 January 2024, most provisions of Federal Law No. 451-FZ “On Amendments to the Federal Law ‘On Production and Consumption Waste’ and Certain Legislative Acts of the Russian Federation” (Law No. 451-FZ) came into force. This law reformed the extended producer and importer responsibility (EPR) institution. The legislator has given EPR organizations the opportunity to adapt to the new regulation. To this end, Law No. 451-FZ includes transitional provisions, the content of which can be summarized as follows: in 2024, EPR organizations will file reports according to the previous rules with certain modifications. Read more in the article of Olga Yadrikhinskaya, senior associate at Pepeliaev Group.

The Saudi Regional Headquarters may enjoy the zero rate Income Tax in the Kingdom. No withholding on dividends, as well. May its parent company in the UAE mainland enjoy the Participation Exemption? The latter is applicable only if the Participation is subject to the rate of 9% or higher. We delve into it in this Case Study. Read more in the article of Andrey Nikonov, Senior Partner, and Maria Nikonova, Partner.

To avoid issues with the tax authority, a supplier may charge its customer with VAT for a transaction that is exempt, zero-rated or is not subject to VAT. Can the customer recover such VAT? In the attach we address this issue for the UAE. EU Case Law and practice in Oman and Saudi Arabia examined to obtain clarity and esteem risk in the Emirates. Read more in the article of Andrey Nikonov, Senior Partner, and Maria Nikonova, Partner.

 The business raises strict requirements for potential suppliers trying to bring to a minimum the risks of entering into a contract with a bad faith business partner. Yet, the customer of goods or services may turn out to be a bad faith actor itself when it makes the conditions for partners more stringent without a good reason. To establish the balance of interests and rights of the members of these relationships the legislation of different states provides for the mechanisms regulating the procedure of selection of business partners. Read more in the article of Elena Sokolovskaya, Partner at Pepeliaev Group.

This study covers VAT for services in the business sector. Digital (electronic) services are outside the scope of this research and will soon be addressed separately. Read more in the article of Andrey Nikonov, Senior Partner.

The UAE VAT legislation contains multiple provisions reserved to deal with supplies in, to or from the VAT Implementing State. The tax authorities of the KSA, Oman, UAE, Bahrain clarifie that these provisions are dormant yet. Neither Authority considers another GCC State as the one which has already implemented VAT. However, it could happen that the UAESupreme Court decided differently. Read more in the article of Andrey Nikonov, Senior Partner.