Since 2020, owners of controlled foreign companies (CFCs) have had access to a new tax regime for CFC profits: at their option, they may отказаться from the standard procedure for reporting the foreign company’s profits and instead pay a fixed contribution of RUB 5 million per year.
An additional benefit of the "fixed" regime is that there is no need to submit the CFC’s financial statements to the Russian tax authorities. The benefits of switching to such a regime may seem obvious, but, as always, the devil is in the details.
You can learn more about the advantages of the fixed CFC regime in our brochure at the link.
Or simply contact us.
An additional benefit of the "fixed" regime is that there is no need to submit the CFC’s financial statements to the Russian tax authorities. The benefits of switching to such a regime may seem obvious, but, as always, the devil is in the details.
You can learn more about the advantages of the fixed CFC regime in our brochure at the link.
Or simply contact us.
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