Analytics and brochures

The Russian President has signed the law on protecting and encouraging investments for which investors have been waiting for two years.

Russia has ratified a protocol of the annual automatic exchange of financial information between the CIS countries.

Starting from 1 January 2020, it has become possible to adjust tax obligations for transactions with foreign persons further to a mutual agreement procedure. 

Russia has joined the new OECD procedure that allows potential disputes with multinational corporations to be settled at the pre-trial stage (International Compliance Assurance Programme (ICAP) 2.0).

The Russian Finance Ministry and the Federal Tax Service consider as insufficiently effective their cooperation with experts from the World Bank with respect to the tax section of the Doing Business (DB) ranking. 

Russia was ranked 28th in 'Doing Business', the World Bank's updated ratings, moving up by three positions in comparison with last year. Russian Government officials do not agree with such a low assessment.