General tax system
Corporate profit tax - general tax rate is 20%*
*For separate items of income and company categories, the lower tax rates are set.
Value added tax - general tax rate is 20%*
**For separate operations 0%, 10% rates are applied.
Corporate property tax
The tax rate is established by laws of the subjects (i.e. regions) of the Russian Federation:
- for cadastral property - not exceeding 2%;
For instance, in the Republic of Tatarstan the 2% rate is applicable to the shopping centers exceeding 2 000 square m. within the territory of Kazan, Almetyevsk, Naberezhnye Chelny, Nizhnekamsk (according to the list);
- for other property - not exceeding 2.2 %.
For instance, in the Republic of Tatarstan the general rate is 2.2 %. The lower rates are set for separate types of property and companies.
Transport tax
Tax rates are established by laws of the subjects (i.e. regions) of the Russian Federation where the transport vehicle is registered (in accordance with its type and capacity).
For instance, in the Republic of Tatarstan the next tax rates are set:
- for passenger cars – from 25 to 150 rub per horse power depending from the capacity ( for more expensive cars the multipliers 1.1, 2, 3 are applied);
- for tracks - from 25 to 85 rub per horse power depending from the capacity.
Land tax
Tax rate is established by the local regulatory body on the territory of which the land is situated. The maximum rate is 1.5 %.
Personal Income Tax
The company as being the tax agent calculates, withholds, and transfers the tax to the budget from the income paid to the individuals. Depending from the income and the receiver of the income, the different tax rates are applied, for instance:
- for income of the individuals who are the residents of the RF – the general tax rate is 13% (the tax rates for separate types of income are - 35%,30%,9%);
- for income of the individuals who are non-residents of the RF – the general tax rate is 30% (the tax rate for separate types of non-residents of the RF is 13%, the tax rate from the dividends is 15%, also the other tax rate can be set by the provisions of the international treaties).
Insurance contributions
The insurance contributions are paid from the payments in favor of the company’s employees.
- Compulsory pension insurance – the general rate is 22% (from the payments exceeding 1 150 000 rubles the rate is 10%);
- Compulsory medical insurance – the rate is 5.1%;
- Compulsory social insurance (short-term disability and maternity benefit insurance) – the rate is 2.9% (from the payments exceeding 865 000 rubles the rate is 0%).
- Compulsory social insurance (against work injuries and occupational diseases) - the rate is 0.2%-8.5 depends on the professional risk).
Simplified Tax System
Tax rates are:
- if the simplified tax system “income” the rate is 6%
- if the simplified tax system “income with costs deducted ” the rate is 15 %*
In the republic of Tatarstan for the taxpayers 70% income of which presents the income from the construction, manufacturing activity, production and distribution of electricity, gas and water, the 5% rate is applied. For other types of activity 10% rate is applied.
The payment of the single tax in the Simplified Tax System replaces the payment of:
- Corporate profit tax (excluding the dividend tax and other separate operations);
- VAT (excluding the tax paid on the import of goods to the territory of the RF, paid by tax agents, and also from other operations);
- Property tax (excluding cadastral property tax).
Transport tax
Tax rates are established by laws of the subjects (i.e. regions) of the Russian Federation where transport vehicle is registered (in accordance with its type and capacity).
For instance, in the Republic of Tatarstan the next tax rates are set:
- for passenger cars – from 25 to 150 rub per horse power depending from the capacity ( for more expensive cars the multipliers 1.1, 2, 3 are applied);
- for tracks - from 25 to 85 rub per horse power depending from the capacity.
Land tax
Tax rate is established by the local regulatory body on the territory of which the land is situated. The maximum rate is 1.5 %.
Personal Income Tax
The company as being the tax agent calculates, withholds, and transfers the tax to the budget from the income paid to the individuals. Depending on the income and the receiver of the income, the different tax rates are applied, for instance:
- for income of the individuals who are the residents of the RF – the general tax rate is 13% (the tax rates for separate types of income are - 35%,30%,9%);
- for income of the individuals who are non-residents of the RF – the general tax rate is 30% (the tax rate for separate types of non-residents of the RF is 13%, the tax rate from the dividends is 15%, also the other tax rate can be set by the provisions of the international treaties).
Insurance contributions
The insurance contributions are paid from the payments in favor of the company’s employees.
- Compulsory pension insurance – the general rate is 22% ( from the payments exceeding 1 150 000 rubles the rate is 10%);
- Compulsory medical insurance – the rate is 5.1%
- Compulsory social insurance (short-term disability and maternity benefit insurance) – the rate is 2.9% (from the payments exceeding 865 000 rubles the rate is 0%)
- Compulsory social insurance (against work injuries and occupational diseases) - the rate is 0.2%-8.5 depends on the professional risk).
Single tax on imputed income
The single tax rate is 15%.
The single tax on imputed income is applied to determined types of activities. It does not depend on the real income. If the company has other type of activity the company has to pay taxes on it according to the General or Simplified tax systems.
The payment of the single tax on imputed income replaces the payment of:
- Corporate profit tax (in relation to the profit received from the activity subject to the single tax on imputed income);
- VAT (in relation to the operations under the activity subject to the single tax on imputed income) excluding the tax paid on the import of goods to the territory of the RF, paid by tax agents, and from other operations;
- Property tax (in relation to the property used under the activity subject to the single tax on imputed income) excluding cadastral property tax.
Transport tax
Tax rates are established by laws of the subjects (i.e. regions) of the Russian Federation where transport vehicle is registered ( in accordance with its type and capacity).
For instance, in the Republic of Tatarstan the next tax rates are set:
- for passenger cars – from 25 to 150 rub per horse power depending from the capacity ( for more expensive cars the multipliers 1.1, 2, 3 are applied);
- for tracks - from 25 to 85 rub per horse power depending from the capacity.
Land tax
Tax rate is established by the local regulatory body on the territory of which the land is situated. The maximum rate is 1.5 %.
Personal Income Tax
The company as being the tax agent calculates, withholds, and transfers the tax to the budget from the income paid to the individuals. Depending from the income and the receiver of the income, the different tax rates are applied, for instance:
- for income of the individuals who are the residents of the RF – the general tax rate is 13% (the tax rates for separate types of income are - 35%,30%,9%);
- for income of the individuals who are non-residents of the RF – the general tax rate is 30% (the tax rate for separate types of non-residents of the RF is 13%, the tax rate from the dividends is 15%, also the other tax rate can be set by the provisions of the international treaties).
Insurance contributions
The insurance contributions are paid from the payments in favor of the company’s employees.
- Compulsory pension insurance – the general rate is 22% (from the payments exceeding 1 150 000 rubles the rate is 10%);
- Compulsory medical insurance – the rate is 5.1%;
- Compulsory social insurance (short-term disability and maternity benefit insurance) – the rate is 2.9% (from the payments exceeding 865 000 rubles the rate is 0%);
- Compulsory social insurance (against work injuries and occupational diseases) - the rate is 0.2%-8.5 depends on the professional risk).