Country News

From June 1, 2026, funds held on deposits of “unfriendly” foreign individuals and entities in Russian banks have effectively been frozen, while banks may transfer them to Type C accounts, restricting depositors’ access to their money.

New limits on use of bank deposits in Russian banks for foreign "unfriendly" individuals and legal entities in the amount of no more than 10 million rubles per month are introduced.

From 2026, the new Russia–UAE double tax treaty reduces the tax burden and provides additional benefits for businesses and investors, while increasing requirements for substance and tax transparency.

From June 1, 2026, Russia will introduce the SPOT system for imports from the EAEU, requiring businesses to pre-register shipments and make a security payment, otherwise goods may be denied entry.

The EU has partially eased sanctions on window components for the first time in four years, allowing German manufacturers to obtain individual export permits for supplies to Russia.