Legal news
and practices in Russia

From 15 August, the form of notification on participation in foreign organizations (on the establishment of foreign structures without a legal entity) is changed. The Ministry of Justice of Russia registered the order of the Federal Tax Service of Russia dated 05.07.2019 N MMV-7-13/338@, which approves a new form, format, procedure for filling out and submitting such notifications in electronic form. Moreover, if notifications are submitted before 15 August, the information specified therein will be adjusted according to the old form, approved by order of the Federal Tax Service of Russia dated 24.04.2015 No. MMV-7-14/177@.

The new form clarifies the composition of the information submitted in relation to a foreign structure without the formation of a legal entity. It also excludes the need to fill in the name of a foreign organization and foreign structure in Russian transcription. In addition, the new procedure stipulates that updated notifications are filled out only with regard to foreign organizations (foreign structures) in respect of which facts of incompleteness of specifying information, inaccuracies, errors were discovered.

Taxpayers are required to notify the tax authority of their participation in foreign organizations if the share of such participation exceeds 10%, as well as about the establishment of foreign structures. In this case, the notification shall be submitted no later than three months from the date of occurrence of participation in a foreign organization (institution of a foreign structure).