Are there any limitations to use “Simplified Tax System”?
Without any exclusion all foreign companies including their branches and representative offices, other separate subdivisions within the territory of the Russian Federation don’t have the right to use Simplified Tax System. Russian organizations including those with foreign members have the right to use Simplified Tax System excluding the organizations where share participation of other organizations makes more than 25 percent.
To use Simplified Tax System the organization must satisfy a number of criteria concerning income, number of employees, type of activity and others provided by the Tax Code of the Russian Federation.
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