SCHNEIDER GROUP News
Updates in Russia before the May holidays
30.04.2020
On April 28, Vladimir Putin signed a decree on extension of the non-working days due to the situation with the coronavirus. He declared May 6-8 as non-working days. Thus, restrictions for business have been extended until May 11, inclusive, taking into account the May holidays in Russia.
Additional legislative changes introduced in Kazakhstan
29.04.2020
By the Decree of the Government of the Republic of Kazakhstan No. 224 dated April 20, 2020 “On further measures to implement the Decree of the President of the Republic of Kazakhstan dated March 16, 2020 No. 287”, additional measures were introduced to support business and the population in the Republic of Kazakhstan.
Russia has begun the process of reviewing its Double Taxation Treaties
23.04.2020
On March 25, during a televised address, Russian President Vladimir Putin announced the need to revise the Double Taxation Treaties (hereinafter – the Treaties) with jurisdictions that are used to transfer income received in Russia abroad.
The Russian government approved the concept of amendments to the tax monitoring system
22.04.2020
The RF Government Order of February 21, 2020 approved the concept of amendments to tax monitoring control system for Russian taxpayers. In order the amendments to become effective, the Concept needs to pass the legislative process.
The term of holding the regular (annual) shareholders’ meetings in 2020 is extended for Russian LLC’s until September 30
20.04.2020
The President of Russian Federation has signed the Federal Law dated April 7, 2020 No. 115-FZ which extends the dates of regular (annual) general meetings of shareholders of limited liability companies.
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