IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 13 Aug 2015 | Removal date: open ended
Still in force

Public procurement access

Federal Law No. 227 of 13 July 2015 banned offshore companies from participation in public procurement.
For the purpose of interpretation of this law, an offshore company is a legal person, with a the place of registration in a state or a territory approved in accordance with subparagraph 1 of paragraph 3 of article 284 of the Tax code of the Russian Federation. It contains a list of States and territories providing preferential tax regime and (or) not envisaging disclosure and provision of information when conducting financial operations (offshore zones) for legal persons.

AFFECTED COUNTRIES

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