Dear Sir or Madam,
We are glad to inform you that we have successfully provided the new service of entering foreign invested companies in the SME (small and medium enterprises) register. All the companies that contacted us were entered in the register on August 10, 2020 and will be able to take advantage of the benefits with regard to insurance premiums as early as starting August 1, 2020 (Letter of the Federal Tax Service No. BS-4-11/7300@ dated April 29, 2020).
Let us remind you that this status shall be confirmed annually by auditors, and it is not automatically renewed. Every year, from July 1 to July 5, we, audit companies, submit information to the register after checking data of the Russian company and the parent company. According to our experience, next year we will have to take care of the foreign parent company’s documents in advance.
Special attention should be paid to new letter of the Federal Tax Service No. ShU-4-3/12599 regarding intra-group services dated August 06, 2020. When analysing intra-group services, the tax authorities will determine their reality, as well as make sure that there is no duplication of costs related to identical services. Besides, attention will be paid to the economic feasibility of such costs.
You may see the above letter at (https://www.nalog.ru/rn77/about_fts/about_nalog/9973064/).
Your application has been successfully accepted.
We will contact you shortly.
We have sent an email to your email, please confirm your subscription by clicking on the link in the email.
