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
Simplified administrative proceedings for employment data filing violations
A draft law proposing amendments to the Russian Administrative Offenses Code to simplify administrative proceedings for violations in filing employment data (Form EFS-1) has been released for public consultation. The proposed changes focus on automating administrative proceedings for failure to file employment data within the prescribed time limit or for filing incomplete or inaccurate data.
20.10.2026
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Planned changes to the social security contribution cap effective 2027
The Russian Government has drafted a decree “On the Single Base Cap for the Assessment of Social Security Contributions Effective 1 January 2027” and released it for public discussion. According to the proposed changes, the base cap for the assessment of social security contributions will be increased from RUB 2,979,000 to RUB 3,311,000.
09.10.2026
New minimum salary requirement for HQS: what employers need to know
On 26 July 2026, the Russian President signed a law that nearly triples the minimum salary requirement for foreigners seeking highly qualified specialist (HQS) status, from RUB 750,000 per quarter to RUB 717,000 per month. The law also introduces a new condition for maintaining this status – annual indexation of HQS salaries. Although the business community called for the threshold to be lowered, the HQS salary requirement has not been revised downward. However, the enactment of the new requirement has been postponed from September 2026 to March 2027. In this publication, we address five of the most common questions arising from the changes.
10.08.2026
Deposits held by foreign nationals in Russia from 1 June 2026 onwards: Bank of Russia’s official clarification
The Bank of Russia has issued an official clarification on the application of Presidential Decree No. 95 to credit institutions’ obligations to foreign creditors in respect of bank deposits. As a reminder, on 1 June 2026, the President of Russia signed Decree No. 377, extending the scope of Decree No. 95 dated 5 March 2022 (“On the Temporary Procedure for Fulfilling Obligations to Certain Foreign Creditors”) to bank deposits.
21.07.2026