Business Reforms in Russian Federation

Positive= Doing Business reform making it easier to do business. Negative= Doing Business reform making it more difficult to do business.

DB2013:

Positive Dealing with Construction Permits:

Russia made obtaining a construction permit simpler by eliminating requirements for several preconstruction approvals.


Positive Paying Taxes:

Russia eased the administrative burden of taxes for firms by simplifying compliance procedures for value added tax and by promoting the use of tax accounting software and electronic services.


DB2012:

Positive Registering Property:

Russia made registering property transfers easier by eliminating the requirement to obtain cadastral passports on land plots.


Negative Paying Taxes:

Russia increased the social security contribution rate for employers.


Positive Trading Across Borders:

Russia made trading across borders easier by reducing the number of documents needed for each export or import transaction and lowering the associated cost.


Positive Enforcing Contracts:

Russia made filing a commercial case easier by introducing an electronic case filing system.


Positive Getting Electricity:

Russia made getting electricity less costly by revising the tariffs for connection.


DB2011:

Positive Dealing with Construction Permits:

Russia eased construction permitting by implementing a single window for all procedures related to land use.


Positive Resolving Insolvency:

Russia introduced a series of legislative measures in 2009 to improve creditor rights and the insolvency system.


DB2010:

Positive Registering Property:

Russia sped up the process of registering property by introducing new documentation requirements such as cadastral passports in lieu of inventory documents and cadastral maps.


Positive Paying Taxes:

Russia eased the tax burden on companies by reducing the corporate income tax rate from 24% to 20%.


Positive Resolving Insolvency:

Russia introduced several changes to its insolvency law to speed up the liquidation procedure and strengthen the legal status of secured creditors.


DB2008:

Negative Dealing with Construction Permits:

Russia made dealing with construction permits more expensive by increasing the cost, and at the same time implemented several laws that reduces steps and time to obtain a construction permit.


Positive Getting Credit:

A private bureau, National Bureau of Credit Histories (NBKI), started operations in March 2006. A draft of the law dates back to 1992, but only increased consumer lending and the requirement for banks to submit credit data, made the reform possible.


Subnational Reforms

See subnational business reforms in Russian Federation

Reform Summaries


Close