About us

Legislative Changes Review
September, 2020

October 01, 2020
Legislative Changes Review
September, 2020
Main events in September:
  1. Subsidies to take measures to prevent the spread of coronavirus are granted free of charge, and no reporting on its use is required
  2. From January 01, 2021 onwards, the tax rates for dividends and interest will change in the tax treaty between Cyprus and Russia
  3. The Russian Ministry of Finance has explained that from tax authorities will be able from October to offset old overpayment with no restrictions on the types of taxes
  4. The Ministry of Labor has updated the rules for calculating and confirming the length of service to determine the amounts of sick leave benefits
  5. Legal review of recent amendments and draft bills/bill