Denis Kuzmichev

1. REGISTER UPDATE
FEDERAL TAX SERVICE OF RUSSIA
Hong Kong
March 8, 2017
Denis E. Kuzmichev
Deputy Head of Directorate
for Taxpayers Registration

2. 22
• Unified State Register of Taxpayers (1999)
• Unified State Register of Legal Entities (2002):
 4 514 741 entities
 over 10 000 entries a day
• Unified State Register of Individual Entrepreneurs (2004)
• Register of Disqualified Persons (2012)
• State Register of Accredited Representative Offices of Foreign
Companies (2015)
• Unified State Register of Small and Medium Enterprises (2016)
FTS of Russia Maintains:

3. Feed Information from companies and
government agencies
Correct data in case of discrepancies
since 2016
Remove non-active companies
New possibilities to provide data from the
Register
Use of the Register in other systems
33
NEW
How Do We Keep the Register Up-to-date

4. FTS Register Office
• Checks data for discrepancies
• Makes an entry to the Register
• Informs the company
Company submits changes in its
registry details
In person
By notary
Electronically
44
Updating the Register on Companies Initiative
Company
representative

5. 55
4.3%
7.4%
9.5%
10.0%
10.6%
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
January 2016 April 2016 July 2016 October 2016 January 2017
Electronic registration to the total amount of registration acts ratio, 2016
Electronic Registration Rate

6. Civil Registry Office
Federal Customs
Service
Unified State Register of
Legal Entities
Extra-budgetary
funds
66
Licensing authorities
Courts
Ministry of
Internal Affairs
Federal Tax Service
Updating the Register by using Third Party Data

7. 77
FTS Register Office
• Company director and majority owner
are not allowed to incorporate new
companies until invalid data is corrected
• Counterparties are aware of possible risks
of dealing with such persons
The
Register is
updated
Identifies
discrepancies
Proposes to
correct data
Data is
corrected
Data is
not
corrected
for 1
month
Data in the
Registry is
tagged as
invalid
Cleaning Register Data

8. 8
88Removal from the Register
Entities do
not correct
invalid data
for more
than 6
months
No bank
account
transactions
for more
than a year
No tax
reporting for
more than a
year
• Indicia that a company is inactive
• Publication of information about
the intention to remove it from
the Register
• 3 months for objection
• If no objection for 3 months, the
entity is removed from the
Register
Removing from the Register

9. 9
99www.nalog.ru
22.0%
61.0%
70.0%
72.0%
73.0%
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
70.0%
80.0%
December
2015
March 2016 June 2016 July 2016 December
2016
Electronic provision of data from the Register
Providing Data from the Register

10. 1010
Companies Register
Tax information
Participation in groups Other data
Multi-service
Multi-services with Legal Entities Register Data

11. Thank you for your attention!