Data on shareholders and beneficial owners of international companies
According to the amendments to the Tax Code of the Russian Federation made by the Federal law No. 100-FL dated April 20, 2021, the international companies operating on the territory of Russia are obliged to disclose data on their shareholders, beneficial owners and managers including information on individuals or public companies directly or indirectly holding 5% or more in the international company.
The amendments will come into force since January 1, 2022.
Data as of December 31 have to be provided to the tax authorities no later than March 28 in the year following the reporting year.
There is an administrative fine at the amount of 50 thousand RUB for failure to provide such information.
International companies registered with the tax authorities for the sole purpose of rendering e-services in Russia are exempt from this obligation.
Full list of foreign e-service providers registered in the RF as VAT payers is available to all users in the Lists we recommend of the Information and Analytical system Globas.