Terms and Conditions of Marriage in Russia

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 marriage What these rules are In this blog post I give an overview from the Russian context. On This Page The Applicable Law International Private Law Place … Read moreTerms and Conditions of Marriage in Russia

Proposed Russian Anti-crisis Measures in Response to COVID-19 Pandemic

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. A lot of closed companies from March 28 until April 5 Next week, from Saturday March 28 until Sunday 5 April will be a non-working … Read moreProposed Russian Anti-crisis Measures in Response to COVID-19 Pandemic

Renting Commercial Real Estate in Russia

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 to know what to pay attention to when signing a lease agreement for commercial real estate. The purpose of this blog post is to give … Read moreRenting Commercial Real Estate in Russia

How to Work With a Russian Freelancer From Abroad

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 equivalent of the LLC for example). The amount of money required to establish and run such an entity can be high, a factor which not … Read moreHow to Work With a Russian Freelancer From Abroad

Apartments without a residential designation in Russia

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 квартиры in Russian. In this blog post I will refer to apartments without a residential designation on his Russian as apartamenty and to apartments with … Read moreApartments without a residential designation in Russia

Russian Under Construction Properties, The Rules From July 1, 2019

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 agreements (договор долевого участия в строительстве) went into effect, changing the rules drastically. Probably the new rules will no doubt have a big impact on … Read moreRussian Under Construction Properties, The Rules From July 1, 2019

VAT in Russia in 2020

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 in Russia. Unlike, for example, Corporate Tax in Russia, VAT in Russia is for 100% paid on a Federal level and not on a regional … Read moreVAT in Russia in 2020

Corporate tax in Russia in 2019

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 example, it is not meant to be used by foreign companies setting up a Russian subsidiary.  Subsidiaries of foreign companies in Russia should apply the … Read moreCorporate tax in Russia in 2019

Selling a Russian Apartment, A Fiscal Perspective

 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 article is a sequel to my blog posts about the second-hand real estate market and the one about acquiring Russian under construction properties.  What is … Read moreSelling a Russian Apartment, A Fiscal Perspective