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Licensing of legal entities and individual entrepreneurs to conduct works on quarantine phytosanitary disinfection is specified by the Article 27 of the Federal law №206-FL as of 21.07.2014 (amended on 13.07.2015) “On Plant Quarantine”. The standard will come into force from January 1, 2018. Up to this date these works are conducted by the relevant divisions of the Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor).
Information Agency Credinform has prepared the ranking of the largest Russian manufacturers of textile products. The largest enterprises of the industry (TOP-10) in terms of annual revenue were selected according to the data from the Statistical Register for the latest available periods (2015 and 2014). Then the companies were ranged by current liquidity ratio (Table 1).
In February 2017 the Russian currency was showing the “miraculous” appreciation for several weeks in a row, having cleared the 57 rubles per one US dollar barrier (16.02.2017). The analysts accounted this fact by the expected deficit on the oil market; possible improvement of relations between countries; speculative operations; the necessity of exporters to transfer to the budget MET, excise, and VAT payments in February; leaving permanent the Central Bank of the Russian Federation key rate. In the current situation the economic experts started to speak about the fact that the strengthening ruble attacks the Russian economy as Russian exporters lose their edges.
The Federal Law №13-FZ «On Amendments to the Code of the Russian Federation on Administrative Offenses» dated 07.02.2017 defines a new version of Article 13.11 of the Code.
Information agency Credinform prepared a ranking of profitability of sales of the largest Russian security providers. Companies with the highest volume of revenue (TOP-10) were selected for this ranking according to the data from the Statistical Register for the latest available periods (2015 and 2014). The enterprises were ranked by decrease in profitability of sales (Table 1).
According to the Russian Government executive order №2608-r as of 7 December 2016, the Multilateral Competent Authority Agreement on automatic exchange of Country-by-Country Reporting was signed by the Federal Tax Service of Russia on 26 January 2017.
Information agency Credinform offers the ranking of the largest Russian manufacturers of thermal power. The companies with the highest volume of revenue involved in this industry (TOP-10) were selected for this ranking, according to the data from the Statistical Register for the latest available period (for 2015-2014). Then they were ranked by current assets to equity ratio (Table 1).
The beginning of the year is permanently accompanied with the Government activity on reconsideration or development of the current or long-range plans. 2017 is no exception. The so-called “Crisis bailout plan” fell under major changes. The plan introduces the events the funding allocation of which is to amount to 107,5 billion RUB. What is more it is referred to extrabudgetary funds to be found. As a comparison, financial component of the 2016 crisis bailout plan amounted to 750 billion RUB, of 2015 – 2,3 trillion RUB. The 2017 plan in a greater degree represents a plan for support of individual industries.
Information Agency Credinform has prepared the ranking of the largest Russian manufacturers of buses and trolley buses. The largest enterprises of the industry (TOP-10) in terms of annual revenue were selected according to the data from the Statistical Register for the latest available periods (2015 and 2014). Then the companies were ranged by solvency ratio (Table 1).
The amendments to the first and second parts of the Tax Code of the Russian Federation were introduced by the Federal law as of 03.07.2016 №244-FL “On introduction of amendments to the first and second parts of the Tax Code of the Russian Federation”. According to them, starting from January 1st, 2017 foreign companies rendering electronic services and content are obliged to pay value-added tax (VAT).