Deadline to notificy about controlled foreign companies 2026

March 20, 2026 (for legal entities) and April 30, 2026 (for individuals) are the deadlines to submit a notification about controlled foreign companies (CFC) for 2025.

Russian tax residents have to submit the notification to local tax authorities if the Russian tax resident owns:

• more than 25% of a foreign company's shares
• more than 10% of a foreign company's shares, if more than 50% of this company's shares are owned by Russian tax residents

Failure to submit the CFC notification, as well as late submission, may result in a fine of 500.000 RUB for each notification.

Equally, the fine may be charged if the tax authorities are not provided with the mandatory supporting documents – financial statements and audit opinion.

Moreover, we kindly remind you that the tax residents have to provide the audit opinion together with the financial statements in the following cases:

• CFC is obliged to undergo an audit under local legislation
• there is no Double Taxation Agreement with the country of CFC
• the CFC's country of residence is included in the current list of states that do not provide for exchange of information with the Russian Federation for tax purposes

We will be glad to help you with preparation and submission of the CFC notification and answer any questions by email or phone.

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