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⍰ ASK Is there specific disclosure requirement for offshore company in Russia?

Offshore companies doing business in Russia must share ownership and financial details, responding to requests from the Federal Tax Service (FTS) and other regulators.

Russia aligns with global standards llike the Organisation for Economic Co-operation and Development, Common Reporting Standard , promoting automatic exchange of financial data.

Business must stay updated on disclosure requirement for compliance because things like evolving regulatory change.
 

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