Bellerage Quarterly 1/21: SME register is now updated monthly | News - bellerage.com

Bellerage Quarterly 1/21: SME register is now updated monthly

New legislation came into power, according to which the register of small and medium enterprises (further referred to as ‘register) has started to be updated every month. Previously, companies could enter it only once a year – in august.

Companies with the status of SME have the right to enjoy several benefits, among which are: lower premium rates (combined rate amounts 15%) concerning payments to the employees, that exceed minimum wage. To enter the register, a Russian company must satisfy the following criteria:

- Revenue does not exceed 2 billion roubles per year;
- Average number of employees per year does not exceed 250 people.

Besides, in case a Russian legal entity is owned by a foreign company by more than 49%, the foreign company also must satisfy the described criteria and not be registered in an offshore area.

Confirmation of compliance of the foreign participant to all the conditions and submitting of all the required documents to the tax authorities can be done by audit organizations.

Bellerage’s consultants are always glad to help you with analyzing the opportunities of getting the SME status or/and verifying the reporting of corresponding international organization.

For more information about the most prominent changes in Russian business legislation - read Bellerage Quarterly.
Subscribe to our newsletter and stay updated on the latest developments and events
We are always open to new ideas, solutions and questions Please leave your contact information and we will get back to you shortly
Thank you!

We will revert to you shortly

Leave your email address to stay up to date
Bellerage Online©
Technological Leadership in Financial Outsourcing

Bellerage Online© is a tool for quick and efficient interaction with your outsourcing partner. Monitor financial and administrative processes from anywhere in the world 24/7.

Accessible via web or mobile app, our unique platform allows you to:

  • Communicate with your consultant, create requests and rate our services in real-time,
  • Submit documents for processing,
  • Access your online library with all documents,
  • Sign documents with an e-signature,
  • Automate and control the internal business processes of your company
  • Analyze your financial figures using dynamic online reports

Bellerage Online© is free for our clients and available to an unlimited number of users - from operational staff to headquarter representatives. Available in an English and Russian version.

Sorry

Your browser is not supported