From 1 January 2026, the standard value-added tax (VAT) rate will be increased from 20% to 22%. In addition, a minimum tax level is introduced for members of international corporate groups, requiring Russian subsidiaries of multinational holdings to pay corporate income tax in Russia at an effective rate of at least 15%, rather than shifting taxation to foreign jurisdictions.
Russian Federation
-
Extended ban on precious metal scrap exports
The temporary ban on the export of waste and scrap containing precious metals extended for an additional six months, from 1 December 2025 to 31 May 2026, maintaining restrictions on outbound shipments of these materials.
-
Import rules eased for multi-component equipment
The deadline for filing a customs declaration for the final component of multi-part equipment has been extended to ten years. This change simplifies imports of complex machinery delivered in stages and supports long-term industrial projects.
-
Fuel price support mechanism to remain in place
A temporary moratorium has been introduced on canceling the fuel damper mechanism, meaning that the government will continue compensating refineries to stabilize domestic fuel prices.
-
Sanctions against Renault
Russia has imposed sanctions on Renault SAS, blacklisting the company under “special economic measures” because of its alleged involvement in drone production for Ukraine. As a result, Renault is banned from new contracts with Russian firms, payments to it may be blocked, and its Russian partners are permitted to halt fulfilment of existing agreements.
-
Ban on the export of diesel, marine fuel and other gas oils
Ban on the export of diesel, marine fuel and other gas oils.
-
Local producers allowed to make substitute aircraft parts
Authorities have authorized the production of alternative aircraft spare parts to replace those previously supplied by foreign manufacturers.
-
Tax deductions for investment-related infrastructure
Organizations implementing investment projects may obtain reimbursement of eligible costs through a tax deduction. The deduction may cover up to 50% of the cost of constructing supporting infrastructure used for the investment project, and up to 100% of the cost of related infrastructure facilities.
-
Special utility rules under emergency and wartime regimes
The Russian government is authorized to set special rules for the application of legislation governing electricity, gas, heat, and water supply in specific territories during mobilization, counter-terrorist operations, martial law, wartime, or when a federal or interregional emergency regime is in effect. These provisions allow temporary adjustments to standard utility regulations under exceptional conditions.
-
Extended deadlines for multi-part imports
Russia extended the deadline for filing a customs declaration for the final component of goods imported in a “complete” or “completed” form from 6 to 10 years, counted from the date of registration of the declaration for the first component. This change further simplifies the import of complex, multi-component equipment by allowing greater flexibility in supply logistics.