The annual CFO conference organized by the Russian-German Chamber of Commerce took place on September 16. At this event, Anton Kabakov, partner at Forte Tax & Law, spoke about transfer pricing.

На сегодня граждане Великобритании, Турции, Танзании и Швейцарии, а также лица, имеющих вид на жительство либо иной документ, подтверждающий право на постоянное проживание в этих странах вправе въезжать в Россию без специального разрешения на въезд

Mika Kokkonen commented on the upcoming changes in the taxation of IT companies to the Finnish-Russian Chamber of Commerce.

As the ban on entry to Russia has been eased, more foreign nationals have arrived in the country, so in view of this greater flow of people arriving from abroad, the Chief Medical Officer of Russia issued Order No. 22 on July 27, 2020.

Due to the ongoing coronavirus pandemic, many employees have been working from home, and Russian authorities have, as a result, been compelled to change the provisions of the Labor Code regulating remote work.

On July 31, 2020, the President of Russia signed a law that introduces significant changes to how taxation of the IT industry is regulated . The President gave an outline of these changes already on June 23, 2020 in yet another address to the nation, proposing to reduce the total social insurance contribution rate for the IT industry down to 7.6% and the profit tax rate down to 3% (instead of 20%).

The President of Russia addressed the nation once again on June 23, 2020 and announced, among other things, that we are to expect important tax changes in 2021.

The President of Russia signed on June 15, 2020 a decree that extends until September 15, 2020 the validity term of temporary stay or permanent residence of foreign nationals and stateless persons in Russia if they expire before that date.

The East Office of Finnish Industries held an online meeting last week with leading transfer pricing specialists in Russia.

On June 3, the international rating Best Lawyers published its 12th list of Best Lawyers in Russia 2021. This year, 6 Forte Tax & Law lawyers won acclaim in 4 categories.