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The Pros and Cons of Different Tax Regimes for Businesses in Russia

... Companies under GTS can have unlimited income and number of employees. Right to VAT refunds. Under GTS, companies can claim VAT refunds, which is particularly relevant for organizations working with large corporate clients or exporting goods. Ability to account for all expenses. All verified expenses can be considered when calculating profit tax, allowing for a reduction in taxable base. Disadvantages of GTS: Complex reporting. GTS requires more complex accounting and reporting procedures, including ...

Why You Need a Financial Safety Net and How to Create One

... monthly expenses amount to 50,000 rubles, your safety net should be approximately 150,000 - 300,000 rubles. Consider Regular Expenses. Include mandatory payments such as rent, utilities, groceries, transportation, and medical costs in your calculations. Account for Individual Circumstances. If you have an unstable income, it may be wise to increase your safety net to 6-12 months. If your income is stable, having 3-6 months of expenses should be sufficient. How to Create a Financial Safety Net: Practical ...

Top 10 Most Popular Investment Platforms in Russia

... help you make an informed choice. 1. Tinkoff Investments Features: Convenient and intuitive interface, a wide range of assets, including stocks, bonds, ETFs and funds. Pros: Mobile application, analytical materials, access to IIS (individual investment account) with the possibility of tax deduction. Cons: High commission on certain types of transactions. 2. VTB My Investments Features: One of the largest platforms, offers access to a wide range of securities and funds. Pros: Support for long-term investments,...

Investments in Currency in 2023 – Earning Methods

... crucial in selecting the best investment method for capital allocation. Current Methods of Earning from Currency Trading There are various ways to earn from currencies, but the most popular and in-demand methods include: Forex; Exchange offices; PAMM accounts; Bank deposits; Foreign currency investments. To identify the most relevant method, each one should be considered in more detail. Forex Experienced investors typically earn from currency trading via Forex. Starting can require as little as a ...

What is Investing and How to Start Investing: A Complete Guide for Beginners

... especially in the Russian market. What are investments in simple terms? Investments are the investment of money in various assets with the aim of generating income or increasing their value over time. Unlike savings, which are usually kept in a bank account with a minimum interest rate, investments are aimed at active capital growth. Main types of investments There are several main categories of investments, each of which has its own characteristics and risks. Let's consider the most popular ones: ...