Administrative liability for non-compliance with anti-crisis measures
According to the proposal of the Ministry of Finance, from January 1, 2024, it is planned to start monitoring how companies comply with anti-crisis measures in the financial sector and establish responsibility for violations in this area. It is expected that control will be entrusted to the Federal Tax Service, the Federal Customs Service and the Central Bank, and they will be empowered to request information from the control subjects.
It is planned that the amount of fines will be tied to the amount of the transaction carried out in violation of anti-crisis measures (20-40%), however, for officials, the maximum amount of the fine will be 30,000 rubles.
For transactions (operations) that do not have a monetary value, fines for officials may amount to 40-50 thousand rubles, and for legal entities - from 800 thousand to 1 million rubles.
The exclusion of a company from the Unified State Register of Legal Entities in an administrative manner is not a ground for bringing the company's head to liability due to the company's outstanding debts to the creditor
The Supreme Court, in its ruling dated January 30, 2023, indicated that the exclusion of a company from the Unified State Register of Legal Entities in an administrative manner is not a ground for holding the company's head liable due to the company's outstanding debts to the creditor.Read more
How to pay dividends: requirements, procedures and documents
One of the main goals of creating a legal entity is to make a profit from its activities. However, in order to receive income in the form of dividends, it is not enough to have positive financial results, it is also necessary to resolve correctly the issue of formalizing their payment. In practice, quite often there are disputes concerning the procedure, timing and grounds for paying dividends. The most common of them are discussed in this article.Read more
Possibility of remote work abroad, procedure for paying personal income tax and insurance premiums
In the remote work mode, the employee performs work outside the office, and interacts with the employer via the Internet. It does not matter how far from the location of the employer the place of work of the remote employee is located. There are no restrictions in this case, suggesting that the employee can work remotely while abroad.Read more
VAT on electronic services provided by foreign companies to Russian customers
Electronic services provided by foreign companies in Russia are subject to VAT. In order to exercise tax control over such transactions, the tax legislation provides for the obligation to tax register foreign organizations that are providers of electronic services or intermediaries involved in settlements.Read more
Overview of Sanctions and Other Restrictions, as well as Legislative Easements and Measures of State Support for Business in Russia
In 2022, the conditions for doing business in Russia have changed significantly. A multitude of sanctions, restrictions, relaxations, and measures of state support are being implemented. The lawyers and tax consultants at Konsu have prepared an overview of the main changes. We constantly monitor the situation and add information about the changes as the relevant documents are adopted and come into force.
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