Russia
Vat Registration Thresholds Mandatory registration for businesses with taxable turnover exceeding RUB 2,000,000 (approx. €22,000).
Vat Rates Standard rate of 20%, with reduced rates for some goods (e.g., 10% for food, medicines, etc.).
Vat Registration Process Businesses must register with the Federal Tax Service of Russia, with online registration available for non-residents.
Taxable Transactions Sale of goods and services domestically, including e-commerce and international transactions.
Registration Exceptions Small businesses with turnover below the threshold may be exempt from VAT registration.
Vat Filing Frequency VAT returns are typically filed quarterly, though larger businesses may file monthly.
Intra Community Transactions Russia applies VAT on cross-border transactions and is involved in VAT cooperation agreements with CIS countries.
Exemption Schemes Exemptions may apply for small businesses or specific sectors (e.g., agriculture).