On June 21, 2023, the German-Russian Chamber of Commerce held its annual CFO conference in Moscow. Julia Talagaeva talked about “Payments to foreign shareholders from unfriendly countries — Current Practice of Obtaining Authorizations”.

On June 21–23, 2023, the Chamber of Tax Consultants held a hands-on workshop ‘International Tax Planning—A Turn to the East’. Anton Kabakov spoke at this event on one of the days devoted to the tax aspects of changes in the format of international cooperation.

On June 15, SPIBA hosted a webinar “Course for the East—Business in China, Hong Kong, and Thailand” initiated by Forte Tax & Law. Anton Kabakov moderated the event, and Mikhail Borodin talked about entering the Thai market and doing business in Thailand.

On June 14, the Taxes and Financial Reporting Committee of the German-Russian Chamber of Commerce held a regular meeting. Alina Aleksandrova talked about the de-registration of digital service providers with Russian tax authorities

On May 31, 2023, the Russian Government introduced Draft Law No. 369931-8 to the Russian State Duma. This draft law makes a number of amendments to the Russian Tax Code. One of the most significant changes is a revision of the procedure for taxing the personal income of those who have lost their tax residency and receive income from working remotely for Russian employers and income from the services they provide and the work they perform over the Internet.

Russian IT companies that hold state accreditation and currently enjoy tax benefits, such as a 0% corporate income tax rate and reduced insurance contribution rates, should be aware of recent changes in the accreditation conditions. Many of these companies have failed to disclose their tax secrecy, a precondition for accreditation, as alerted by the Ministry of Digital Development, Communications, and Mass Media.

Forte Tax & Law would be pleased to help our clients with discovering new Asian markets for themselves, considering investment opportunities, and support our clients in entering these markets. We announce cooperation with the Thai law firm Silk Legal.

On April 20, 2023, the German-Russian Chamber of Commerce (AHK Russland) held a Legal & Financial Update conference where speakers and participants addressed the most topical issues of the legal landscape for business.

On March 27, 2023, the Government Commission for Control over Foreign Investment in the Russian Federation (further the Commission) published an extract from the minutes of its meeting of March 2, 2023, No. 143/4, which revised the conditions for granting permits for transactions aimed at disposing of shares/stocks by foreign participants/shareholders from so-called “unfriendly” countries.

The portal Pravo.ru published on February 21 its annual individual ranking of lawyers by area of law as a continuation of Pravo.ru-300 law firm rating, the results of which were announced in December.