Lidings: New Wave!
We are pleased to announce the appointment of two new partners and counsel!
Russia and the UAE Have Signed an Agreement on the Avoidance of Double Taxation
The development of a double taxation treaty between Russia and the United Arab Emirates ("DTT") started as early as in 2022, but the final text of agreement was not known until middle of February 2025. The process of drafting the agreement was delayed because the UAE agreed to a 10% withholding tax rate on passive income paid abroad only under the terms of renegotiation of DTTs with other Arab countries, requiring similar tax rates of 10% in such agreements.
Pravo - 300 Legal Rating: Lidings Among the Leaders of the Russian Legal Market in Key Areas of Practice
On 5 December 2024 the results of the annual Pravo-300 law firms’ ranking were announced at an awarding ceremony at The Carlton Hotel in Moscow. This year Lidings expertise is highly praised in 17 key practice areas.
The List of Advertising Expenses That Cannot Be Deducted for Profits Tax Purposes Has Been Updated
On 29 November 2024, Federal Law No. 416-FZ “On Amendments to Part Two of the Tax Code of the Russian Federation and Certain Legislative Acts of the Russian Federation” (hereinafter referred to as the “Law”) was officially published. The Law amends the Article 270 of the Tax Code of the Russian Federation (hereinafter referred to as the “Tax Code”) which determines the list of expenses that cannot be deducted for profits tax purposes.
The Procedure for the Taxation of Operations Involving Cryptocurrency Has Been Determined
The Pharma Legal Handbook: Russia - 2024
We are delighted to announce that Lidings has updated The Pharma Legal Handbook: Russia - practical directory focused on the key aspects of legislative regulation of pharmaceutical industry in Russia.
Lidings Ranked High in New Kommersant-2024 Rating
Lidings takes high positions in the new rating of the leading legal advisors in Russia based on the analytical research held annually by the “Kommersant” newspaper. In 2024 the firm is ranked among the TOP leading legal advisors in Russia.
Russia Ratified the Agreement on the Elimination of Double Taxation with Oman
On 12 December 2023, the President of the Russian Federation signed Federal Law № 571-FZ to ratify the Agreement between the Government of the Russian Federation and the Government of the Sultanate of Oman on the Elimination of Double Taxation in respect of Taxes on Income and Prevention of Avoidance and Evasion of Taxation and the Protocol thereto (hereinafter - the “Agreement”).
Subject to ratification of the Agreement by Oman and mutual notification of the parties of the ratification procedures by the end of 2023, the Agreement will enter into force as early as 1 January 2024.
Pravo - 300 Rating: Lidings Strengthens its Position as Leading Legal Advisor in Russia in Key Practice Areas
On 7 December 2023 the results of the annual Pravo-300 law firms’ ranking were announced at an awarding ceremony at The Carlton Hotel in Moscow. This year Lidings expertise is highly praised in 15 key practice areas.