China desk
Audit, tax and accounting for Chinese businesses in Russia
Synergy Audit works with Chinese companies that do business in Russia or are entering the Russian market: Russian subsidiaries, branches and representative offices of Chinese companies, and Chinese investors acquiring Russian assets.
We audit financial statements, keep accounting and tax records under Russian rules, prepare IFRS reporting for the parent company and advise on the taxation of transactions between Russia and China, including under the double tax treaty.
Management in Russia and the parent company in China get one consistent picture: Russian statutory accounts, reporting for consolidation and conclusions on tax risks.
Synergy Audit supports Chinese businesses at every stage of their work in Russia
Form of presence
A subsidiary, branch or representative office of a foreign company: tax consequences, accreditation of branches and representative offices with the Federal Tax Service under Federal Law No. 160-FZ on Foreign Investment in the Russian Federation, permanent establishment risk (Article 306 of the Tax Code of the Russian Federation)
Taxes in Russia
Corporate income tax at 25% since 2025 and VAT at 22% from 1 January 2026: the tax burden and tax risks of operations in Russia
Russia–China tax treaty
Withholding tax on dividends (5% or 10%), interest (0%) and royalties (6%) under the double tax treaty of 13 October 2014, confirmation of tax residence and beneficial ownership (Articles 7 and 312 of the Tax Code)
Intra-group transactions
Transfer pricing: controlled transactions with the parent company and group companies, notifications and documentation under Section V.1 of the Tax Code
Accounting, reporting and audit
Accounting and tax records under Russian rules, statutory audit under Article 5 of Federal Law No. 307-FZ, IFRS reporting and reporting packages for consolidation by the parent company
Acquiring a business in Russia
Due diligence of a Russian company, the tax structure of the deal, business and asset valuation
The result is tax opinions, financial statements and recommendations that both management in Russia and the parent company in China can rely on.