Enquiry Service of Legal Entities
Legal Base Rates/Prices
Application of data from the USRLE TIN (INN) check
Procedure of data provision Feedback
русская версия
Forgot password? Registration
Enquiry Service of Legal Entities

  Go to main page

Cyprus Removed From Russia’s Black List of Offshore Havens


New decree of Russia’s Ministry of Finance (MinFin) that removes Cyprus from a so-called ‘black list’ of offshore tax havens came into effect on January 1, 2013.

The Ministry of Justice registered a related order of MinFin #115n from August 21, 2012 on introducing changes to the list of states and territories that provide preferential tax treatment and/or do not stipulate disclosing and providing information about financial operations (offshore tax havens) on October 25, 2012.

According to Russia’s tax legislation, transactions conducted between Russian companies and organizations located in offshore zones from MinFin’s list are subject to stricter tax regulations. Among other things, preferential zero tax rate for profit tax does not apply to dividends received by Russian companies from organizations located in these offshore tax havens.

Follow Alinga

Linkedin Facebook

More news

Back to the news list

Copyright © 2005- Enquiry Service of Legal Entities LLC.
All rights reserved.

Fax: +7(495) 540-56-12 (24/7)
E-mail: info@RussianPartner.biz