Executives, founders and private individuals connected to Russia face their own obligations — residency, personal income tax, CFC reporting and asset structuring — separate from any company.
Foreign executives, founders and private individuals connected to Russia face obligations that are separate from any company they work for or own. Tax residency — driven largely by days spent in the country — determines what applies: personal income tax on Russian and, for residents, worldwide income; controlled foreign company (CFC) reporting for interests in foreign companies; and currency-control notifications for foreign accounts and flows. Left unaddressed, these accumulate into real exposure. TaxWell reviews your residency position, handles CFC reporting and currency-control notifications, and structures personal income tax, assets and succession around your actual situation — with a clear annual compliance process so nothing is missed. Immigration and HQS status are coordinated where relevant.
Residency status, the 183-day rule and what it triggers.
View expertise →NDFL, residency and reporting for foreign individuals.
View expertise →Controlled foreign company notifications and tax.
View expertise →Personal asset structuring and succession across borders.
View expertise →Broadly, an individual present in Russia for 183 days or more within a 12-month period is treated as a tax resident, which changes the scope of income taxed and the reporting that applies. The exact position should be reviewed for your circumstances.
Controlled foreign company (CFC) rules require Russian tax residents to report interests in foreign companies and, in some cases, pay tax on retained profits. Notifications and filings have fixed deadlines and penalties for non-compliance.
Russian residents generally must notify the authorities of foreign bank and brokerage accounts and certain flows. Requirements change, so an annual review keeps you compliant.
Rates depend on residency status and income type. Residency, HQS status and treaty positions all affect the rate, so an individual assessment is worthwhile.
A senior adviser will map your position and the open items in a short scoping call.
Practical support for international business in Russia.