Innovations to be defined in 2016

On 3 December 2015 in Moscow, during the IV Congress of Nanotechnology Industry Enterprises the General Director of the Federal Corporation for Small and Medium Enterprises Development Alexander Braverman told the participants that it is necessary to determine the starting point, decide what is considered to be innovation in relation to business.
7th December 2015

Agency for Technological Development to be established in Russia

Yesterday on 3 December 2015, Russian President Vladimir Putin during his annual address to the Federal Assembly of the Russian Federation said that the Agency for Technological Development will be established in Russia. The Agency will provide assistance to enterprises in the domestic acquisition of patents and licenses.
4th December 2015

Brokers and non-governmental pension funds will be obliged to inform tax authorities about the foreign track

Organizations in the financial market, which act as intermediaries will be required to report on the registration in a foreign tax authority, as well as to provide information on the identification of clients – foreigners to the Federal Tax Service, Federal Financial Monitoring Service and the Central Bank of the Russian Federation.
2nd December 2015

Soft loans for social entrepreneurs proposed

Russian government is considering the possibility of developing soft loan programs for those entrepreneurs who work in the social sector. This was reported by the Deputy Prime Minister of the Russian Federation Olga Golodets at the V International Forum of Entrepreneurs and Investors in the Social Sector.
27th November 2015

The unified tax on imputed income will not change in 2016

The Ministry of Economic Development of the Russian Federation made a final decision not to change the coefficient deflator for calculating the unified tax on imputed income (UTII) in 2016. It was announced on 19November 2015 by the Minister of Economic Development of the Russian Federation Alexey Ulyukayev.
25th November 2015

Vladimir Putin discussed issues of SMEs protection with Alexander Braverman

On 18 November 2015 Russian President Vladimir Putin held a meeting with the head of the Federal Corporation for the Development of Small and Medium Enterprises Alexander Braverman.
20th November 2015

Employers will pay employees’ debts from their salaries

The Federal Tax Service approved new procedure for collecting debts from individuals.
20th November 2015

SCO member states and the BRICS countries will develop small business cooperation strategy

Leaders of the Shanghai Cooperation Organization (SCO) and BRICS will help small business. They will develop a Strategy of Small Business Cooperation until 2030.
11th November 2015

Сall-center for Women Entrepreneurs to be opened in Russia

The hotline to provide legal advice to women entrepreneurs will start working in Russia in November 2015.
5th November 2015

Russia climbs 11 positions in Doing Business ranking

On 27 of October 2015 the World Bank and International Finance Corporation published the ranking on the ease of doing business Doing Business 2016. The Russian Federation occupies 51st place in the ranking, its ranking rose by 11 positions. Currently, Russia occupies the position between Peru and Moldova.
31st October 2015