News

The Ministry of Finance rejected idea about an internal offshore in Russia

The last months in the government the idea of creation in Russia of the special legal person on the basis of the International Investment Bank (IIB) which would replace a foreign offshore for the domestic companies was discussed. However this offer wasn't pleasant to the Ministry of Finance.
13th June 2013

Russia Takes G20 Presidency

The exchange of information between tax agencies and the fight against tax evasion via offshore shell companies may be key topics at the G20 summit in St. Petersburg in September.
13th June 2013

Legislators Propose Longer Prison Terms for Corruption

he head of the Russian parliament's anticorruption committee has put forward a bill increasing the punishment for corruption and misappropriation of government funds.
11th June 2013

Russian and Belgian businessmen plan to establish a common investment fund

An international business forum “Innovations and technologies for life” took place at the Ministry of Economic Development of the Russian Federation.
3rd June 2013

Anti-Corruption Charter of the Russian Business

The Russian business community sees its mission in complying with high standards of doing business that conform to internationally recognized norms and in building a responsible partnership with the Government aimed at improving the living standards of Russian citizens, developing the national economy and making it more competitive.
14th May 2013