2021 year - 22 years delivering top-class legal services



Luxembourg ratifies the Protocol amending the Luxembourg-Russia Double Taxation Treaty

Luxembourg has completed the internal state procedures required for the Protocol amending the Luxembourg-Russia Double Taxation Treaty to become effective.


Russia and Malta have signed a Protocol amending Tax Agreement between the states

Russia and Malta have agreed to increase the tax to 15% for such source of income as
dividends and interests.


The Supreme Court of the Russian Federation: Compulsory Requisitioning of the Capital Amnesty Declaration for Inclusion in the Criminal Case File is Unacceptable

The Supreme Court of the Russian Federation has clarified that the tax return filed voluntarily by an applicant as part of the capital amnesty cannot serve as an evidence of crime.


Standard Articles of Incorporation for LLCs are approved


Taxation of individuals

Tax consulting for individuals

The inadequacy of Russian tax legislation and inconsistency in requirements for declaration and taxation of personal income may lead to conflicts with tax agencies and financial losses.

Pankov and Associates offers personal tax planning services. We can also help you to protect your money from excessive tax control while remaining within the law and avoiding conflict with official agencies. Such action is your right, in order to safeguard your personal financial liberty.

We provide services for both Russian and foreign citizens.

Our services include:

  • advice on employment contracts with foreign citizens working in Russia and the use of various options for transnational postings;
  • advice on taxation of various types of income, efficient use of tax privileges, and structuring of compensation packages;
  • preparation of tax declarations and tax registration of individuals;
  • checking income tax charges, negotiating with tax agencies in case of substantial discrepancy between the amount charged and our estimates, advice on tax payment procedure;
  • assessment of tax-related consequences and risks, advice on avoiding double taxation of the incomes of foreign individuals;
  • declaration (legalisation) of large incomes of Russian individuals without tax consequences.

We are always ready to help you choose the right solution to a dispute, based on the following principles:

  1. Nobody can be prosecuted for a tax crime outside the prescriptions and procedures of the Tax Code;
  2. Anyone who is charged with committing a tax-related crime is considered innocent until proven guilty under federal law by an effective court ruling.
  3. All doubts, discrepancies, and obscurities in tax legislation must be construed in favour of the taxpayer.

Our professionals work in the spheres of corporate development, business management, tax planning and litigation. We can provide legal protection for your business, strengthen its legal foundations, defend the interests of your company in court, and accurately assess its position in respect of both Russian and international law.

We conform to international professional standards