Businesses those are VAT registered in Russia will no need to deliver consumers along with full VAT receipts from 1st October 2014. The VAT invoices in Russia must be delivered within 5 days of the provision of the service or goods. This change will need for the approval of the taxpayer. The basic information on the invoice according to the Russian tax code should contain:

  • Supplier’s and customer’s name and address
  • A sequential and unique VAT number
  • Payment details incorporating staggered payment agreements
  • Price and supporting calculations of goods or services
  • VAT rate and excise amounts
  • VAT amount calculation, and calculation of gross cost with VAT
  • Due to imports, country of origin details and a reference to the suitable tax return.