30 states have been added to the list, including Austria, Belgium, Cyprus, while Jamaica has been excluded from it. The full list is available on the website. If you own a controlled foreign company (“CFC”) in a country from the list, the following may be relevant to you: no exemption of CFC profit from taxation […]

The team of AT Law Firm has prepared instructions on how to independently submit a notification of foreign residence permit or citizenship via the Russian portal “Gosuslugy”. Pdf file in Russian language: Инструкция ВНЖ

The team of AT Law Firm has prepared instructions on how to independently submit a notification on closing a foreign account through the taxpayer’s personal cabinet. Pdf file in Russian language: Иструкция_по_подаче_уведомления_о_закрытии_счета

AT’s client was a member of the board of directors of the debtor’s party company. After bankruptcy proceedings were initiated in respect of the debtor, the bankruptcy trustee claimed for subsidiary liability of the client as a person responsible for bringing the debtor to bankruptcy. The court of first instance refused to bring the client […]

Dear clients! Happy New Year! May 2025 bring you stability, confidence in the future, and only positive changes. We wish you success in all your endeavors, reliable partners, strong health, and prosperity! In the coming year, we will continue to share important news, updates in legislation, and legal advice with you. May our insights help […]

If you own a non-residential property that was used for business activities and plan to sell it, please note: income from the sale of such property will be subject to personal income tax (PIT), and the long-term ownership tax benefit will not apply. This is stated in the letter from the Russian Ministry of Finance […]

Starting from December 31, 2024, the Ministry of Finance is updating the list of countries participating in the automatic exchange of financial information. Who is excluded from the list? Austria, Belgium, Bulgaria, Hungary, Germany, Greece, Denmark, Ireland, Spain, Italy, Cyprus, Latvia, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Finland, France, Croatia, Czech Republic, Sweden, […]

The Russian government has approved increased customs duties on the import of flowers, alcohol, household chemicals, and a number of other goods from unfriendly countries until December 31, 2025.

According to the decision of the Central Bank, the grace period will be in effect until 31.12.2025. Starting from 01.01.2026, the following rates will apply to transfers from individuals to legal entities: 2% of the amount, but no more than 10 rubles – for payment of utility services; 3% of the amount, but no more […]