Personal Income Tax Management

[fancy_header]Useful Information[/fancy_header]

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  • Non-Russian citizens residing in Russia for more than 183 days in a 12-month period are considered tax residents of Russia.
  • Tax residents of Russia are obligated to declare all their income sources throughout the world.
  • Russia does not always require foreigners to pay taxes. However, to identify possible exemptions for the payment of taxes it is necessary to analyze agreements between Russia and the country of the foreigner’s citizenship to determine ways to avoid double taxation.
  • Russian law requires that a declaration of one’s personal income must be filed annually by the 30th of April.

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[fancy_header]Fee schedule[/fancy_header]

  • The preparation and filing with tax inspectorates of personal income tax returns and the calculation of tax payments – $950
  • Return of overpaid taxes from the Russian tax authorities$950
  • Assist in working with tax inspectorates to secure various confirmations regarding the payment of taxes in Russia; confirmation on the residential status of the individual in Russia; and that the individual is not in arrears of taxes owed to the government of the Russian Federation – $450
  • Consulting on various matters related to personal income tax (including non-Russian citizens) – $250/h

[fancy_header]Services for Individuals[/fancy_header]

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  • Consulting on issues related to personal income tax taking into account several
    jurisdictions.
  • Assistance in determining the responsibilities of declaring and paying taxes in
    Russia or other jurisdictions.
  • The preparation and filing with tax inspectorates personal income tax returns and
    the calculation of tax payments.
  • Conduct negotiations with tax inspectorates on the crediting of taxes paid in other
    countries and deductions.
  • Assist in the process of obtaining a return of overpaid taxes from the Russian tax
    authorities.
  • Assist in working with tax inspectorates to secure various confirmations re: (1) the
    payment of taxes in Russia; (2) the residential status of the individual in Russia; (3)
    that the individual is not in arrears of taxes owed to the government of the Russian
    Federation; (4) other confirmations.

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[fancy_header]Services for Corporate Clients[/fancy_header]

In addition to our general consulting services and preparation for the reporting of taxes, we
also provide:

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  • Consulting with employers on matters of taxation for non-Russian employees as
    well as for Russian employees working in foreign divisions of Russian companies.
  • The development and structuring of employee incentive programs.
  • Analysis and optimization of company compensation packages and bonus
    programs.
  • Assistance in securing clarification from tax inspectors on various matters that are
    related to the taxation of company employees.

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[fancy_header]Useful Information[/fancy_header]

[fancy_list style=”check_list” variation=”green”]

  • Non-Russian citizens residing in Russia for more than 183 days in a 12-month
    period are considered tax residents of Russia.
  • Tax residents of Russia are obligated to declare all their income sources
    throughout the world.
  • Russia does not always require foreigners to pay taxes. However, to identify
    possible exemptions for the payment of taxes it is necessary to analyze
    agreements between Russia and the country of the foreigner’s citizenship to
    determine ways to avoid double taxation.
  • Russian law requires that a declaration of one’s personal income must be filed
    annually by the 30th of April.

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To receive more information please contact WatersOAG through Ms. Oksana Kostyuchenko at +7.495.989.2279 ext. 322

Law Firm, Russia