Results of 2024 in Globas: facts, figures and new opportunities

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20.01.2025

Herald

Results of 2024 in Globas: facts, figures and new opportunities

Photo: Информационно-аналитическая система Глобас

In 2024, the Information and Analytical System Globas was actively developing: we improved analytical capabilities and strengthened tools for risk management and counterparties screening.

We are proud to support the business of thousands of companies by providing accurate and relevant information for effective decision making.

In the Newsletter, we have collected the key achievements of 2024 that help our users make accurate decisions, minimize risks and move forward confidently. Find out how Globas helps businesses stay one step ahead and discover new opportunities.

Data without borders: global coverage and accuracy

Integration of new sources: in 2024, we added data from 30 new sources, including foreign registries:

10 Lists we recommend for additional verification.
6 licensing authorities.
3 additional registers to clarify the fact of activity.
Online service for checking companies from China.
Legal Risk Report on companies from Bahrain, Oman, the UAE, Saudi Arabia and significant corporate events for Kazakhstan.

Full Counterparty Review: Globas now analyzes over 300 factors for each counterparty, providing a quick and comprehensive assessment.

World-class sanctions database: includes lists from more than 30 countries and organizations, making it one of the most complete in the information market.

According to Globas data TOP industries by the number of companies that have come under sanctions pressure this year:

Research and development.
Software development.
Business and management consulting.

In addition to companies and persons, aircraft, tankers, various goods and products fell under the sanctions.

Screening goods for sanctions: this year, the sanctions database in Globas has been replenished with a significant amount of information. We have created a new section for screening goods:

Search for 1,000,000+ sanctioned goods in Russian and English.
19 international commodity directories are involved (American, European, Customs Union directory, specialized directories).
More than 250 official Sanctions Decrees have been analyzed and their number continues to increase.

Foreign company check: Credinform provides information about legal entities and entrepreneurs around the world on all continents: from multinational corporations to offshore companies and individual entrepreneurs.

In 2024, we provided reports on companies and entrepreneurs from 120 countries.

The most popular countries:

Offline reports: China, the UAE, Turkey, India, Hong Kong.
Online reports: China, Hong Kong, the UAE, Turkey, Cyprus.

Efficiency, speed, expertise

Real-time database: every minute updates and more than 300 reliable sources guarantee access to the latest information. Users always have the latest data to make informed decisions.

High operating speed: the average time to submit extracts from state registers is less than 3 minutes. This allows you to quickly check counterparties and respond to changes in their status and other parameters without delay. The main Globas database is updated every minute, providing up-to-date access to official information.

Training and support: 16 webinars and training materials help using Globas with less effort and more comfort. Users receive the necessary knowledge to use 100% of Globas.

Participation in international events: participation in three major international conferences on compliance and data analysis helps us introduce advanced technologies and improve the service, offering users the most modern solutions. And also share our experience with foreign partners.

We are moving forward with confidence and new plans for the future. The Information and Analytical System Globas remains your reliable partner in risk management and data analysis.
2025 will be another opportunity for us to offer users even more advanced solutions.

We thank you for your trust and fruitful cooperation. Together, we continue to set the standard in our industry.

Sincerely,
Credinform team

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28.12.2024

Herald

What awaits business in 2025: key changes and challenges

With the onset of 2025, Russian entrepreneurs will face a number of changes that will affect their activities. Legal innovations, global trends and economic challenges create both new opportunities and threats.

A number of changes in tax legislation are coming into force, international sanctions are expected to be strengthened, and the country's business will continue to pivot to the East. These changes require increased attention to risk analysis and adjustment of business strategies.

The Federal Tax Service will strengthen control over taxpayers

In 2025, on-site tax audits will undergo changes: their number will be reduced, but efficiency will increase due to automation and targeted approach.

The Federal Tax Service will focus on companies with high level of tax risks. New technologies and algorithms for intelligent data analysis allow the tax authorities to identify suspicious schemes in advance and determine key indicators for analysis.

Currently, effectiveness of on-site inspections exceeds 97%. In 2025, this figure may increase due to more precise selection criteria.

At the same time, the Federal Tax Service, when drawing up a plan for on-site tax audits, will take into account the voluntary abandonment of business splitting schemes. Companies using splitting schemes to optimize taxes can voluntarily abandon this practice and receive a tax amnesty for 2022-2024.

In accordance with the Law No. 176-FZ dated 12.07.2024, to receive an amnesty for refusing to split a business, it is necessary:

combine the income of all group companies;
calculate and pay taxes in 2025-2026;
declare your voluntary adjustment.

The tax amnesty will allow businesses to bring their tax obligations into compliance with the legislation on taxes and fees without additional costs, including legal expenses.

In Globas a new section has been developed for analyzing the risks of on-site tax audits.

This tool is based on the Concept of the system for planning on-site tax audits developed by the Federal Tax Service and allows:
• check the tax burden, profitability and financial status of the company;
• learn about frequent changes in tax authorities and about reaching the maximum values for special tax regimes;
• identify deviations in wages from industry averages;
• identify the discrepancy between the growth rates of expenses and income;
• identify tax risk in the nature of financial and economic activities;
• receive information about account blocking indicating the reason for the suspension.

If your counterparty is at risk, you may also be subject to an on-site tax audit.

Using Globas you can identify such connections in a timely manner and avoid the consequences.

Simplified Tax System: What's New

Legislative framework: Laws No. 362-FZ dated 29.10.2024 and No. 176-FZ dated 12.07.2024

1. Limits for the application of the simplified tax system have been increased

From January 1, 2025, the limits for companies and individual entrepreneurs operating under the simplified tax system will increase.

Companies and individual entrepreneurs will be able to work under the simplified tax system if:

income does not exceed RUB 450 million per year;
depreciated book value of fixed assets is no more than RUB 200 million;
number of employees: up to 130 people.

2. Simplified Tax System and VAT

From January 1, 2025, companies and individual entrepreneurs on the simplified tax system become VAT payers if their income exceeds RUB 60 million.

At the same time, businesses are left with a choice of VAT rate:

20% with the right to deduction;
5% without the right to deduction (for income up to RUB 250 million);
7% without the right to deduction (for income up to RUB 450 million).

3. Cancellation of higher rates

Since 2021, companies on the simplified tax system with excess limits have been paying higher rates:

8% for the tax type “Income”;
20% for the tax type “Income minus expenses”.

As of January 1, 2025, these increased rates will be cancelled. Now companies operating under the simplified tax system will pay taxes at standard rates:

6% for the tax type “Income”;
15% for the tax type “Income minus expenses”.

Globas provides the opportunity to obtain complete information about the counterparty's taxes and fees, analyze the application of special tax regimes, track changes in the tax burden by year, and conduct a comprehensive assessment of its financial stability.

Progressive personal income tax scale

From January 1, 2025, a five-level progressive scale of personal income tax (PIT), provided for in subparagraph "а" and "д" of paragraph 36 of Article 2 of the Law No. 176-FZ: dated 12.07.2024:

13% - for income up to RUB 2.4 million;
15% - for income from RUB 2.4 to 5 million;
18% - from RUB 5 to 20 million;
20% - from RUB 20 to 50 million;
22% - over RUB 50 million.

The new rates apply only to those exceeding the established limit. This applies to salaries, vacation pay, sick leave, income from entrepreneurial activity and other basic payments to residents.

Sanctions 2025

The geopolitical situation in the world continues to change dynamically. New sanctions and restrictions are expected both from the beneficiaries of the sanctions policy and in response. US restrictions against China are expected to become more stringent.

In Russia, the current measures remain in place: the President extended the food embargo applied under the Special Economic Measures, extending it to New Zealand. The lists of goods subject to export control and permitted for parallel import are regularly updated, which requires constant monitoring.

Sanctions Compliance in Globas provides the ability to screen Russian and foreign entities, persons, water and air transport. Persons associated with the companies are also checked: beneficiaries, owners, managers, affiliated companies and subsidiaries. The module contains extensive information about the imposed sanctions and restrictions, including the 50 Percent Rule, additional sources and deeper analytics on companies, persons and objects that have fallen under restrictions and in various risk registries.

Blacklist of employers

From January 1, 2025, a Register of Companies Violating Labor Laws will begin to function on the Federal Service for Labour and Employment (Rostrud) website. It will include organizations that conceal labor relations by offering civil law contracts or work without registration. Exclusion from the list is possible if the company does not commit repeated violations within a year. This mechanism is aimed at protecting workers, increasing the transparency of the labour market and combating illegal employment.

Pivot to the East continues

In the context of global changes and increasing sanctions pressure, Russia in 2025 will continue to actively develop relations with Asia, the CIS and Middle East. This strategic "pivot to the East" opens up new horizons for business, but requires taking into account the risks and specifics of working with foreign partners.

To successfully enter new markets, it is important not only to study the economic and legal features, but also to ensure the reliability of business connections.

Credinform Information Agency and Globas Information and Analytical System can help in performing due diligence tasks when checking international business partners.

Thanks to a wide network of partners, Credinform provides information about legal entities and entrepreneurs around the world on all continents: from multinational corporations to offshore companies and individual entrepreneurs. To verify the solvency of the company, to identify the owners or to check the fact of registration in an offshore zone – local experts will provide comprehensive information and a competent resume.

API – digitalization trend in 2025

In 2025, digitalization will reach a new level, making API a key tool for integration and automation of business processes. API technology simplifies data exchange between systems, increases the speed of work and helps to keep up with global digital trends.

Instant data exchange with Globas.API allows you to integrate data from Globas into your corporate system. These can be accounting or management programs 1C, Bitrix, CRM, SAP, as well as your own developments.

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