Amendments to the Russian Tax Code have abolished the requirement for foreign organizations to submit applications and documents to the tax authorities when opening a bank account in Russia (paragraphs 1 and 2, Article 1 of Federal Law No. 416-FZ dated November 17, 2025).
Under the new procedure, the bank itself will send the application and relevant data to the tax authorities. The bank will also provide the foreign organization with an extract from the unified state register of taxpayers confirming tax registration.
The changes will take effect on September 1, 2026 (Article 2 of Federal Law No. 416-FZ dated November 17, 2025).
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