Services for inclusion in SME register
Tax consultants and lawyers:
- Calculate potential savings on taxes and social insurance contributions
- Assess whether including the SME register is possible
Auditors:
- Check eligibility, and if eligible, may submit to the Federal Tax Service information about the organization for inclusion in the SME register
Tax and social insurance contribution benefits for SME
- Reduction in total social insurance contribution rate from 30% to 15% Example of savings calculation (in Russian)
- Exemption from certain obligations and restrictions provided by labor law
- Replacement of administrative fines with a warning, including for employees
- Subsidized loans
- Guarantee support
- Regional benefits
Criteria and procedures
Russian companies
General requirements for obtaining SME status:
- State participation share – no more than 25%
- Share of foreign organizations that are not SMEs – no more than 49%
- Taxable income for the previous calendar year – no more than RUB 2 billion
If a company meets the SME criteria, no action is required from the company.
- Operating companies are entered in the register automatically based on the information available on the 1st of each month
- New companies are entered in the register on the 10th of the month following the month they are recorded in the State Register of Legal Entities
Companies with more than 49% foreign participation
Requirements:
- Income for the reporting calendar year – no more than RUB 2 billion
- Average number of employees for the reporting year – no more than 250 people
- Permanent location cannot be in an offshore zone (Ministry of Finance list of offshore zones)
Procedure for inclusion in the SME register:
- Conclusion of an agreement with an auditing organization to check company eligibility
- Verification of eligibility by the auditing company
- If the company is eligible, the auditors will send the appropriate information to the Federal Tax Service and the company will be included in the register
Services for inclusion in the SME register
Our lawyers and tax consultants have extensive experience in including companies in the SME register. Our audit firm Nordic Advisors has been included in the relevant register of the Russian Ministry of Finance and may submit information for inclusion of companies with foreign participation in the SME register.
Leading positions
Konsu is one of the leading consulting companies in Russia. We have been included in the following ratings of the rating agency Expert RA:
- Top-10 in accounting outsourcing
- Top-10 in payroll outsourcing
- Top-15 in financial consulting
- Top-15 in legal consulting
Send message
Please describe your situation and we will find an optimal solution for your business.
info@konsugroup.com