Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS
russian visa

Tax Regime: Choose Online
August 10, 2018 00:02


 Moscow Department of Science, Industrial Policy and Entrepreneurship, in cooperation with the State Budgetary Institution "Small business of Moscow",  developed an online service that will help entrepreneurs to choose the most appropriate tax regime, the official website of the Moscow Mayor reports.

The service "Choose the tax regime" is already available on the site of the State Budgetary Institution, working in the test mode. Over next two weeks the developers are planning to get feedback from entrepreneurs.

How to determine the tax regime for Individual Entrepreneur? The essence of this knowledge means the correct and timely submission of reports and fees for taxes. Otherwise, you risk getting stuck in permanent fines, blocked settlement accounts and unceasing fines.  

In order to receive some recommendation, the entrepreneur will have to answer a number of questions about his/her business: for example, what annual income does he/she expects, how many employees he/she plans to hire and who will be the main clients of the company - physical or legal entities. In total there will be seven questions.

As a result, he/she will be offered the most appropriate tax regime - a general, simplified, patent system or a single agricultural tax - and informed about its specifics and features.

In Russia, duties will be abolished when applying for registration of a legal entity and the status of an individual entrepreneur, as well as on fees for the liquidation and reorganization of entrepreneurs and legal entities. The only point is that all these operations shall be carried out online. The State Duma adopted the corresponding drat law in the third and final reading. It is expected that it will enter into force on January 1, 2019. To find details check the law or consult our Russian attorneys for comprehensive clarifications. 

Read more about Russian laws...
"The innovation will reduce the costs of legal entities and individual entrepreneurs, and will also contribute to the development of entrepreneurship in the Russian Federation," as reported on the website of the Duma. It is also noted that the cancellation of duties will reduce the costs of state agencies in the registration process - the reception of applicants and processing of announcements, as more people will file documents online. Now the fee for the registration of the legal entity is 4000 rubles, for registration of the individual entrepreneur - 800 rubles.

Read More Articles on Doing Business in Russia


Author: Anna Dorozhkina

Tags: Russian business Legal Services in Russia Russian law   

Next Previous

You might also find interesting:

Swiss Investments to Russia Are Growing Regardless Crisis BP's Interest in Russia Could Backfire - Media Reports Exiled Chichvarkin won't go back to Russia Veon Creates Its Messenger New Burst of Violence in Ukraine: Freshest Information and Videos

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Flowers Delivery

search on the map
Beat Film Festival  Russian Literature  stock markets  Russian business  Tver region  Russian history  medicine  Russian tourism  Yoshkar-Ola  Russian music  Ivan Vasiliev  transport in Moscow  the Bolshoi Theatre  Mistral  Lorenso Lotto  Russian sports  Film Festival  Rostov  Treasure  Car World 2013  Mikhail Pugovkin  fashion weeks  products ban  Sinead O'Connor  Double-decker Aeroexpress  Russia-US  Russian oil companies  Russian national hockey team  Rostov-on-Don  inventions  Russian mining companies  IT market in Russia  Russian Cinema  ALEXANDR ROGOV  Fairy Tales  Kabardino-Balkaria  Museums of Russia  Exhibitions in Moscow  St. Petersburg  fashion designer  Precious Metals  Mercedes-Benz Fashion Week Russia  Archeology  Russian Theater  Moscow  Concerts in Moscow  Russian fashion  Museums of Izhevsk  Gerontology  Architecture Monuments 

Travel Blogs
Top Traveling Sites