Russia Vat Calculator

The standard VAT rate in Russia is 20%.

Yes, there is a reduced VAT rate of 10% that applies to certain goods and services, such as food, medical supplies, and some publications.

Goods and services that are VAT-exempt in Russia include exports, some healthcare services, educational services, and financial transactions.

If your annual turnover exceeds the VAT registration threshold (2 million RUB), you must register for VAT. Some businesses may voluntarily register for VAT regardless of turnover.

VAT returns in Russia must be filed quarterly or monthly depending on your turnover and the size of your business.

VAT returns in Russia are typically due by the 25th day of the month following the reporting period. For example, the return for the first quarter is due by the 25th of April.

Yes, foreign companies that supply goods or services in Russia are required to register for VAT and charge VAT on their supplies, provided certain conditions are met.

To calculate VAT, multiply the price of the goods or services by the applicable VAT rate (either 20%, 10%, or other rates). Use our VAT calculator for quick calculations!

Yes, if you’re VAT-registered in Russia, you can reclaim VAT paid on business-related purchases, provided they are for taxable supplies.

If VAT is not paid on time, you may incur penalties, interest charges, and even face an audit by the Russian tax authorities.

Yes, small businesses with annual turnover below 2 million RUB may be exempt from registering for VAT, but they can still voluntarily opt for VAT registration.

To register for VAT in Russia, businesses must submit an application to the Federal Tax Service and provide necessary documentation, including proof of business activities.

VAT returns are filed electronically through the Russian tax authority’s online portal. You will need to submit your sales and purchase records, along with the VAT amounts due.

Yes, if your business is involved in specialized activities, you may apply a custom VAT rate. This can be relevant in certain cases, such as providing specific goods or services not covered by the standard rates.

For detailed information about VAT regulations in Russia, refer to the official website of the Russian Federal Tax Service (ФНС России), or consult with a local tax professional.