SCHNEIDER GROUP News

Changes in accounting legislation include a new law on public procurement and the approval of Rules for notifying personal data Subjects of a violation of personal data security.

SCHNEIDER GROUP successfully applies the practice of early year-end closing and annual reporting, which helps our clients to better monitor the financial condition of the company, as well as to optimize management and planning.

Russia plans to exclude EU countries from the list of states for the exchange of country reports, which will entail additional reporting obligations for international companies.

Changes in tax legislation include a reduction in the property tax rate, exemption from submitting income declarations, edits and additions to registration in the ESF IP.

The Russian Federation law comes into effect on September 1, 2024 and requires a notarized resolution when appointing the CEO of an LLC.