Russia, being the biggest country on earth with huge available land masses arouses the imagination of many. Whereas in many parts of the world overpopulation is a big problem and…
Marriages between a Russian and a foreign citizen are a very common phenomenon. It is, however, not always clear: The rules of what jurisdiction apply to such a marriageWhat these…
Today on Wednesday March 25 President Putin has proposed the following measures in response to combat the economic stagnation that many fear will start because of the worldwide COVID-19 pandemic.…
Renting commercial real estate in Russia For many companies, the cost of renting business space is one of the biggest expenses they will face. It is therefore of crucial importance…
In order to to employ a Russian based in Russia, you must have an entity established in Russia; such as the Russian equivalent of an LLC, namely an OOO (Russian…
In recent years, the popularity of apartments without a residential designation in Russia has been growing. These apartments are called апартаменты in Russian. Apartments with a residential designation are called…
Acquisition of under-construction Russian real estate is not a new topic on this blog. See this blog post. However, starting on 1 July 1 2019 new rules regarding shared construction…
In Russia Value Added Tax or VAT (Налог на Добавленную Стоимость or НДС in Russian) has to be paid by organisations and individual entrepreneurs that apply the General Taxation System…
As I have discussed in this blog post the Russian Simplified Taxation System (STS) offers many advantages to small business operating in Russia. But STS is not for everyone. For…
On 1 January 2019 new rules regarding taxes that must be paid when selling Russian property went into effect. That’s the reason I decided to update this blog post. This…