Domestic companies will be allowed to move to “Russian offshore” Russian news EN
The domestic company received to move to “Russian offshores”, follows from the amendment to the second reading of the review on amendments to the Tax Code, recommended for adoption by the State Duma’s relevant committee on budget and tax. About it informs RBC.
At this point, it is especially recommended to become residents (SAR) in the Primorsky Territory and the Kaliningrad Region only for foreign legal entities. In this case, they register in Russian and acquire the status of “international holding companies”. A Russian organization can obtain a status if certain conditions are met.
“So far, we are talking about the application of the regime specifically for Russian companies, but even if there is a preferential income tax rate, there will most likely be little desire to move,” said KPMG partner Alexander Tokarev.
As a result, it turned out that the decision to exclude the use of taxes decided to include Russia in the gray list of countries for tax purposes. The EU does not have a place in a country where there are special taxation regimes (SAR), the so-called Russian offshore companies organized in Vladivostok and Kaliningrad. Russia may be in the second group of the list of non-cooperative countries (non-cooperative jurisdictions), that is, in Appendix II, along with Hong Kong, Costa Rica, Malaysia, and so on.