A decree making amendments to government acts regulating subsidies of organizations came into force.

Beginning from 2020, any new entries on a person’s employment have to be entered in the employee’s employment record in an obligatory way, and from 2021 all new employees will be processed electronically.

In 2019 it will increase by 0.1% - up to 1.6%.

The government is going to continue privatization of state companies and look for those who will buy them, but this won’t be done publicly.

The Ministry of Finance has prepared amendments to the Administrative Code.

It is noted that the tax will be levied regardless of the fact whether the advertisement is purchased for personal or commercial purposes.

The Federal Service for Financial Monitoring revealed nearly 4.2 thousand companies owned by Russian citizens, as a result of an analysis of the “Panama Dossier” materials.

Today “Ivi” is the leader of VoD services in Russia, accounting for about 24% of the online video market (the data as of January-July 2018).

Officials emphasize that the total tax burden on entrepreneurs will be reduced next year, because all movable property will not be taxed in 2019.

In January, it is planned to reduce production by 50-60 thousand barrels per day.