From 1 January 2021 services on the provision of software rights rendered by entering a licensing contract are no longer tax exempted, when a…
From 1 January 2021 services on the provision of software rights rendered by entering a licensing contract are no longer tax exempted, when a software held by foreign businesses belonging to or essentially controlled by international businesses.
The disposal of exclusive and non-exclusive rights to computer software and databases will only be exempt from VAT when it relates to software or databases included in the Russian National Software Register (the «Software Register»).
The above information was kindly provided by Olga Maksimova from Mark Prior (Russia). For more information, please contact Olga directly at: [email protected].
