Business peculiarities in Russia
accidents at work and occupational diseases of the Social Insurance Fund of the Russian
Federation has developed a certification procedure of the primary business of insurance to
determine the class of professional risk industries in which the Company operates the
insured.
The system of guidelines and recommendations consist of two sets of regulations. The first
group includes documents developed to promote and complement the content of
accounting standards (Pravila Buhgalterskogo Ucheta "PBU"), which are binding for all. The
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second group of guidelines and recommendations form the instruments to concretize the
accounting standards in accordance with industry and other specifics of the organization.
The first group of regulations are guidelines and recommendations developed by the
Ministry of Finance, Ministry of Taxation of the Russian Federation, etc.
7.4. Russian tax system
Federal taxes and fees: