A special recording procedure for certain securities will be in effect until the end of 2025
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30.07.2021
INVOICE JOURNAL, PURCHASE LEDGER, AND SALES LEDGER FORMATS HAVE BEEN UPDATED
A government decision amended the rules for filling in invoices, purchase ledger and sales ledger in terms of information used within the traceability system of imported goods.
29.07.2021
FLIGHTS WITH FRANCE AND THE CZECH REPUBLIC ARE SUPPOSED TO BE RESUMED FROM JULY 24, 2021
Russia resumes flights with the Czech Republic and France. The number of regular flights to Austria, Belgium, Bulgaria, Hungary, Greece, Lebanon, Croatia and Ethiopia shall be increased.
Possibility of resuming flights with Egyptian Hurghada and Sharm el-Sheikh is being considered.
28.07.2021
THE VALIDITY PERIOD HAS BEEN EXTENDED FOR RUSSIAN PASSPORTS SUBJECT TO REPLACEMENT DUE TO ATTAINMENT BY A CITIZEN OF THE AGE OF 20 AND 45
As per the current rules, when a citizen attains the age of 20 and 45 years, the passport must be replaced. Actually, it means its termination from the moment of the occurrence of such events. Starting from now, such passports will remain valid until the day a new passport is issued, but no more than 90 days after the date when the citizen reaches the age of 20 and 45, respectively.
27.07.2021
THE LAW ON CIRCULATION OF MEDICINES PRESCRIBES THE RULES FOR INTRODUCTION OF MEDICINES FOR ANIMALS INTO CIRCULATION
Instead of the mechanism of mandatory conformity assessment, manufacturers and importers will submit information on the quality of veterinary drugs to the Rosselkhoznadzor. For a drug that is being put into circulation for the first time, the Rosselkhoznadzor will need test reports for the first two series, for those already introduced - a test report for one series of each trade name shall be submitted annually.
26.07.2021
MEDICAL CERTIFICATES FOR THE RIGHT TO OWN WEAPONS WILL CONTINUE TO BE CARRIED OUT ONLY BY MUNICIPAL OR STATE CLINICS AND ONLY FOR A FEE
The law on medical contraindications to the possession of weapons for civilians was signed. Among the legal innovation are the following:
- the exclusive right to conduct such a medical examination will remain only with medical organisations of the state and municipal health systems;
- a medical conclusion based on the results of the survey is drawn up in electronic form and posted in the Unified State Health Information System (in a special register of documents containing information about the results of a medical examination). Information about the issued medical certificates is transferred to the Federal National Guard Troops Service;
- if the health of the owner of the weapon is shaken and he/she develops diseases (contraindications to the possession of a weapon, identified during any medical examination or medical assistance), the medical organisation is obliged to notify the citizen himself/herself, post a message about the existence of grounds for an extraordinary medical examination and the cancellation of the last medical certificate in the same Uniform State Health Information System register where medical reports are stored, and separately send a message to the Federal National Guard Troops Service (guards are obliged to take away weapons and supplies from a citizen before an extraordinary medical examination).
23.07.2021
Procedure for submitting information by credit institutions to the Federal Financial Monitoring Service has been clarified
Amendments have been made to the procedure for submitting information by credit institutions, upon the request of the Rosfinmonitoring, concerning customer transactions, beneficial owners of customer companies and information on funds transfer on customer accounts.
22.07.2021
From July 7, 2021, Russian citizens returning from abroad need only one PCR test for COVID-19, but those vaccinated and persons that have been exposed to the virus in the past, do not need it at all
Vaccinated (within the previous year) persons and those that have been exposed to the virus within the previous six months will not need PCR tests. For other citizens of the Russian Federation, a single laboratory test for COVID-19 via the PCR method will be enough within three calendar days from the date of arrival. Information on the results of such test must be downloaded via personal account of a citizen on the web-portal of public services.
21.07.2021
Banks shall inform consumers, in a visual form, of the terms of deposits
The Law on Banking Activities has been supplemented with a new article defining a procedure for informing individuals of the terms of bank deposit agreements. Banks will be obliged to indicate the main terms of the deposit in the table placed on the first page of the agreement and done in a clear, well-readable font using the maximum font size used in the agreement.
20.07.2021
Criminal liability for drunk driving has been strengthened since July 12, 2021
The new edition of the Criminal Code of the Russian Federation contains an article that provides for criminal liability for driving while intoxicated. Stricter liability is established for persons that have already a criminal record for committing a similar crime or for a violation committed in a state of intoxication, which caused serious harm to the health, or even death of people. As a punishment for such crime, a fine may be imposed, as well as imprisonment with deprivation of a driver's licence.
19.07.2021
Charter flights to Egypt will resume
The ban on charter flights from Russia to Egypt has been lifted. The ban on flights to Egypt was introduced in November 2015 due to the crash of the Russian airliner. Regular flights to Cairo were resumed in 2018.
16.07.2021
FROM AUGUST 1, 2021, NEW REGULATIONS APPLY FOR STATE ACCREDITATION OF IT COMPANIES
The Government of the Russian Federation approved new Regulations on state accreditation of organisations operating in the area of information technology.
Let us recall that the presence of state accreditation is one of the necessary conditions for obtaining benefits by IT organisations in terms of income tax and insurance premium rates.
15.07.2021
THE LEGAL REGIME OF THE CONVERTIBLE LOAN AGREEMENT HAS BEEN SETTLED
The Law on Joint Stock Companies and the Law on Limited Liability Companies have been supplemented with the norms governing relations under a convertible loan agreement. Such an agreement presupposes the right of the lender, upon the occurrence of an agreed period or other circumstances, instead of returning the loan amount and paying interest, to demand from the borrower (non-public joint stock companies or limited liability companies) to take actions as a result of which the lender acquires a certain share of participation in the company (placement of additional shares, the borrower’s acceptance into a limited liability company or an increase in the size and par value of the share belonging to it).
14.07.2021
OBLIGATION OF AUTHORITIES AND ORGANISATIONS TO RESPOND TO REQUESTS FROM STATE LEGAL BUREAUS HAS BEEN INTRODUCED
State legal bureaus are empowered to send official appeals to state authorities, local governments, public associations and other organisations as part of the provision of free legal aid to citizens. Organisations are required to provide a written response to it within 30 days.
13.07.2021
SIMPLIFIED PROCEDURE FOR CONFIRMING THE OPERATION IN THE MEDICINES LABELLING SYSTEM HAS BEEN EXTENDED UNTIL FEBRUARY
Until February 1, 2022, the simplified scheme for confirming the accuracy of information submitted to the human drug movement monitoring system (SMDLP) has been extended. This can still be done, for example, by a pharmacy, within a working day from the date of registration in the SMDLP of information about the drugs taken, but before submission of information about further operations with them.
12.07.2021
IT WILL BE POSSIBLE TO REGISTER BIRTH, DEATH OR DIVORCE IN ANY REGISTRY OFFICE
A law was adopted to improve the civil registration system. In particular, it provides for:
- for registration of all acts of civil status, you can apply to any Agency of Civil Acts Registration Bureau or the Multifunctional Public Services Centre;
- the possibility of state registration of birth or death without a personal visit by the applicants to the registry office. For this, federal registers of medical documents on birth and death will be maintained and transferred to the Unified State Register for Registry Offices.
09.07.2021
FROM JULY 1, 2021, A CERTIFIED DIGITAL SIGNATURE FOR LEGAL ENTITIES AND INDIVIDUAL ENTREPRENEURS CAN BE OBTAINED FREE OF CHARGE AT THE CERTIFICATION CENTRE OF THE FEDERAL TAX SERVICE
The Federal Tax Service recalled that from July 1, you can obtain an approved certificate of the electronic signature verification key in the certification centre of the Federal Tax Service. The service is free.
To obtain an approved certificate, the following individuals can apply to the certification centre of the Federal Tax Service:
- a legal entity (an individual entitled to act without power of attorney);
- a private entrepreneur;
- a notary.
08.07.2021
MANDATORY REPATRIATION OF FOREIGN EXCHANGE EARNINGS CANCELLED FOR EXPORTERS OF NON-PRIMARY PRODUCTS
For non-resource non-energy exports, the requirement for residents to repatriate to their accounts in authorised banks foreign currency owed under agreements between residents and non-residents for goods transferred to non-residents, works performed for them, services rendered to them, information transferred to them and results of intellectual activity, including exclusive rights to them.
At the same time, it is possible to credit export foreign exchange earnings to exporters' accounts opened in banks abroad.
07.07.2021
CONTROL OVER THE CIRCULATION OF WEAPONS WILL BE TIGHTENED
A law was signed to tighten control over circulation of weapons. In particular, it provides for the following:
- raising the age of acquiring hunting weapons and smooth-bore long-barreled self-defence weapons to 21 years;
- ban for distribution in the mass media and the Internet of instructions on illegal manufacturing or conversion of weapons, or the main parts of firearms;
- restrictions on issuance of a licence to purchase weapons to citizens with criminal records and to those held liable for driving in a state of intoxication;
- cancellation of licences and permits in case of refusal to grant access to authorised officials to the places of storage of weapons to check the conditions of their storage, as well as in case of refusal to provide weapons for inspection.
06.07.2021
PERSONAL INCOME TAX ON DEPOSITS’ INTEREST: FORMS ARE APPROVED BY WHICH BANKS SHOULD REPORT INFORMATION TO THE TAX AUTHORITIES
From January 1, 2021, interest income on deposits (account balances) in Russian banks paid to an individual for the year (net of non-taxable interest income) shall be taxable with individual income tax. Citizens are not required to declare such income or register it in any way. Tax authorities will calculate the amount of personal income tax at the end of the year based on information from banks and will send a notification to an individual to pay personal income tax. For the first time, depositors will have to pay this tax for 2021 only in 2022 (until December 1, 2022).
05.07.2021
PRESIDENT SIGNED AMENDMENTS TO THE CIVIL CODE ON ONLINE MEETINGS
From July 1, 2021, meetings of participants in civil law communities can be held remotely.
Meeting methods may be combined.
02.07.2021
CITIZENS OF SEVEN MORE COUNTRIES ARE ALLOWED TO ENTER RUSSIA
The Russian government lifted the restrictions on entry to Russia for citizens of seven more countries, introduced due to the pandemic - Austria, Hungary, Lebanon, Luxembourg, Mauritius, Morocco and Croatia. Citizens of these states, as well as persons entitled to permanent residence in these countries, can enter Russia from these states through air checkpoints.
01.07.2021
COVID! IT WAS DECIDED TO RESUME FLIGHTS WITH BELGIUM, BULGARIA, JORDAN, IRELAND, ITALY, CYPRUS, NORTH MACEDONIA, THE USA AND TURKEY
From June 22, Russia will resume flights with Turkey, and from June 28 - with Belgium, Bulgaria, Jordan, Ireland, Italy, Cyprus, North Macedonia, USA.
Air traffic restrictions with Tanzania extended until July 19.
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