Information on participants of a foreign organization for 2024 – submit before 03/28/2025

Dear Clients,

please pay attention that the term for submission of information on the participants of a foreign organization for 2024 expires on March 28^th, 2025.

All foreign organizations and foreign structures without formation of a legal entity registered with tax authorities in the Russian Federation are obliged to inform the tax authorities of all direct participants and beneficiaries regardless of the share of participation, as well as of indirect participation of an individual or a public company (if their share exceeds 5%). 

The above-mentioned information is to be submitted to the tax authority not later than on March 28^th each year. An exception is foreign organizations that are registered with a Russian tax authority only for provision of services in electronic form.

Non-submission or late submission of the information entails a fine of RUB 50,000.

You can find our earlier publications on this issue here and here.

We will gladly support you in preparing and submitting information on the participants/beneficiaries of a foreign organization to the tax authorities.