New accreditation procedure for branches and representative offices

The Federal Tax Service now has to accredit a branch or representative office of a foreign legal entity in maximum 15 days from the date of submission of necessary documents, except for representative offices of airline companies.

In addition, a procedure for suspension of accreditation has been introduced.

If a foreign legal entity fails to submit necessary documents or they do not meet the requirements, the applicant will not be denied accreditation like at the moment  but the procedure will be suspended. T here will be a period of time to rectify all the irregularities, and if the applicant will not accomplish this, the accreditation will be denied.

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