Tax Messenger
Summaries of key tax and legal developments in legislation and case law and the latest issues affecting human resource management, prepared by B1's experts in Russia
Draft law to increase the minimum salary for HQS passed third reading on 8 July 2026
On 8 July 2026, a draft law sharply increasing the minimum salary for highly qualified specialists (HQS) passed third reading. HQS whose salaries do not satisfy the updated requirements will no longer be eligible to work in the Russian Federation under the HQS regime. Employers are required to take necessary action by 1 March 2027, namely, either terminate employment contracts or ensure that migration documents, appropriate under alternative migration regimes, be obtained. Selecting an appropriate immigration option and navigating all required procedures requires a substantial amount of time.
08.07.2026
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Regulatory updates on foreign individuals’ deposits in Russia effective 1 June 2026: legal uncertainties and risks
On 1 June 2026, the President of the Russian Federation signed Decree No. 377, which extends the scope of Decree No. 95 dated 5 March 2022 (“On the Temporary Procedure for Fulfilling Obligations to Certain Foreign Creditors”) to bank deposits. Decree No. 377 took effect on the date of its signing.
03.07.2026
Updated Quota Compliance Rules for the Employment of Persons with Disabilities
On 21 May 2026, the Russian Government approved amendments to the regulations governing employer compliance with hiring quotas for persons with disabilities.
28.05.2026
The State Duma passed a bill to double the annual limit for overtime work
On 14 May 2026, a bill amending the Russian Labor Code passed its second and third readings in the Russian State Duma. In particular, the amendments extend the limit for overtime work from 120 to 240 hours a year, subject to a provision to this effect in the collective bargaining agreement and/or industry agreement.
18.05.2026
Protection against layoffs after resumption of employment
A federal law published on 25 April 2026 amends Article 179 of the Russian Labor Code in order to give an additional social guarantee to citizens who have served on special missions at a time of mobilization, martial law or war by granting them a privilege of retaining employment despite staff reductions.
27.04.2026