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Xenia Isnova, a public relations specialist at Rosco, discusses the changes introduced by Federal Law Number 27 regarding the accreditation procedure for foreign companies. In order for foreign branches or representative offices to operate legally in Russia, they must undergo a thorough accreditation process, involving the submission of a substantial amount of documents and a correctly filled out application. Failure to provide accurate information may result in accreditation refusal. Accreditation is conducted by tax authorities, who have the responsibility of establishing guidelines for the process. Watch the video for further details on the new accreditation requirements for foreign companies.
