Dear Clients,


We inform you that starting from May 2021 according to the amendments to the article 23 of the Tax Code of the Russian Federation (Federal Law of 20.04.2021 N 100-FZ) all foreign legal entities (FLE) registered in Russia (except those are registered in Russia due to rendering electronic services) are obliged to report to the Russian Tax Authorities (RTA) and disclose the following information:


  • about participants of the FLE (information about its founders, beneficiaries and managers)
  • about the indirect participation (if any) of an individual or a public company if the share of their direct or indirect participation exceeds 5%.