20May

Doing Business in Russia 2025. Introduction

Investing your time and money into a foreign market can be a risky and complicated process at times, yet pays off immeasurably in the long run. For the open-minded entrepreneur searching for a great return on investment, Awara offers an ultimate guide of why Russia is a great place to do business, and how to […]

Posted by Awara
On May 20, 2025

05May

On Toughening Liability for Failure to Notify Roskomnadzor

Almost every company handles the personal data of individuals (employees, job candidates, contractors, etc.) using computer technology, which means the company is recognized as the operator of personal data. At the same time, personal data operators are required to notify Roskomnadzor of their intention to process personal data. Previously, many companies were slow to notify […]

Posted by Awara
On May 5, 2025

16Apr

Russian Green Card for Foreign Citizens in 2025

A Russian Green Card, also known as a fingerprint card, is a required document issued to foreign citizens who enter Russia to stay over 90 days (for non-work-related purposes) and over 30 days (for work related purposes). In order to the green card foreigners undergo two key procedures: Additionally, to the green card, foreign citizens […]

Posted by Awara
On April 16, 2025

09Apr

Mandatory Policies for Your Russian Company

Does your company really need to prepare mandatory policies? It’s a common question, especially among international companies establishing their companies in Russia, and the answer is yes, you need them! These policies are made in accordance with Russian law and even though you may have your own corporate policies established in your headquarters, you’ll need […]

Posted by Awara
On April 9, 2025

31Mar

Mandatory Re-Registration of SIM Cards for Foreigners and Labeling of Calls and Mass Calls

The Law “On Communications” has been amended to include additional requirements for the registration and use of SIM cards by foreign citizens. As of 2025, biometric confirmation is required for issuing SIM cards, and a foreign citizen can only conclude a contract for the provision of communication services in person at a communication salon. To […]

Posted by Awara
On March 31, 2025

17Feb

Russian Statutory Audit: Criteria, Characteristics, and Penalties in 2025

We want to remind you that every company is required under Russian law to conduct statutory audits of 2025 in cases when: The results of the statutory audit of accounting (financial) statements must be entered in the Unified Federal Register (http://www.fedresurs.ru). To log in and submit information it is necessary to obtain a certificate of electronic […]

Posted by Sergey Minyailo
On February 17, 2025

13Feb

Annual General Meetings of a Russian Subsidiary in 2025

Don’t forget to hold the next general meeting of participants (annual general meeting of shareholders) of your company The laws “On Joint-Stock Companies” and “On Limited Liability Companies” provide for the obligation to hold an annual meeting of the general meeting of shareholders (regular meeting of the general meeting of participants), and also set the […]

Posted by Eugene Isaev
On February 13, 2025

30Jan

Russia Approves Sweeping Tax Code Changes to Raise Revenue and Streamline System

The State Duma has adopted a series of amendments to the Russian Tax Code, marking a significant shift in the country’s taxation policies. The new measures, which took effect on 1 January 2025, aim to increase revenue while introducing a progressive framework for personal income taxes. The amendments are expected to have long-term implications for […]

Posted by Awara
On January 30, 2025

22Jan

Moscow Trilateral Agreement for 2025-2027 Has Been Signed

A partnership agreement is concluded every few years for a certain period between the Moscow Government, Moscow trade union associations and Moscow employers’ associations (for example, there were agreements for 2022-2024 and 2019-2021). On December 31, 2024, an invitation to join the Moscow Trilateral Agreement for 2025-2027 (hereinafter referred to as the “Agreement”) was published […]

Posted by Awara
On January 22, 2025

26Dec

How will taxes for organizations and sole proprietors using the Simplified System of Taxation (SST) change in 2025?

Organizations and sole proprietors applying the Simplified System of Taxation (SST) will be recognized as VAT payers from 2025 (para 1 of Article 143, paras 2, 3 of Article 346.11 of the Tax Code of the Russian Federation). However, the obligation to pay VAT from 2025 arises if the income recognized in the tax accounting for the previous year […]

Posted by Awara
On December 26, 2024

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