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Citizens whose foreign currency account or deposit was opened before March 9, 2022, can withdraw funds up to the balance available as of 00:00 (MSK) on that date, but no more than $10,000 USD (or the equivalent in euros). This restriction applies regardless of the currency of the account or deposit, provided that they have […]
Please note: the filing deadline is April 30, 2026. Failure to meet the deadline may result in significant penalties: Late submission of a CFC notification — a fine of RUB 500,000 for each foreign company or structure. Late submission of CFC financial statements together with the notification — a fine of RUB 500,000 for each […]
In its Ruling No. 4-P dated 3 February 2026, the Constitutional Court of the Russian Federation held that temporary registration at a place of stay in non-residential premises (apartments) is permissible, provided that such premises are in fact intended for residential use and do not form part of a hotel’s room stock. The case arose […]
From May 1, a ban is imposed on export of gold bars of more than 100 grams from Russia by individuals, legal entities and sole proprietors. Exceptions: a) export is carried out to the EAEU countries through the specified airports with the permission of the Federal Assay Chamber; b) export is carried out by individuals […]
Under the Presidential Decree, from April 1, a ban on such export is imposed: A) for individuals – if the amount of export exceeds the equivalent of 100 000 USD; B) for legal entities and sole proprietors – regardless of the amount. Exception: 1) if the export is carried out through the special checkpoints at […]
From 2026 a monthly minimum basis for insurance contributions equals to one Statutory Minimum Wage (SMW), for directors of commercial organizations, regardless of whether there are employees, an employment contract or actual money transfers. If the amount of payments to the director per month is less than the SMW, then the SMW shall be the […]
Rosreestr has announced that changes to the cadastral registration procedure have come into force, based on Order No. П/0328/24 dated 23 October 2024. From now on, in boundary and technical plans, as well as in territory map-plans prepared by cadastral engineers for submission to Rosreestr, the address of the property must be indicated not as […]
The Supreme Court clarified its approach to disputes concerning credit obligations, ruling that the collection of debt from the borrower was unlawful in the absence of evidence confirming the conclusion of a loan agreement. Earlier, a district court had established that the bank failed to prove the issuance of the loan and the receipt of […]