Regulations applied to the most common types of transactions

Comparative table on the main types of transactions: purchase of goods, provision of works / services, provision of loan, repayment of loan (principal, interest), payment of dividends, payment of royalties.

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Resident to resident

Resident to non-resident from  'unfriendly' country

Resident to non-resident from other country (not 'unfriendly')

Non-resident from 'unfriendly' country to resident

Non-resident from other country (not 'unfriendly') to resident

Purchase of goods

Allowed with usual limitations

Allowed with usual limitations. Import / export limitations and higher customs fees and payments may apply

Provision of works / services

Allowed with usual limitations

Allowed with usual limitations. An amount of advances provided by the Resident is limited

Provision of loan

Allowed with usual limitations

Not allowed (by default unless special Government permission is received)

Allowed only in RUB

Allowed with usual limitations

Repayment of loan (principal, interest)

Allowed with usual limitations

Allowed only in RUB for the payments >10 mRUB monthly (by default unless a special Government permission is received)

The payments <10 mRUB monthly could be performed in foreign currency

Allowed with usual limitations

Payment of dividends

Allowed with usual limitations

Allowed for LLCs with the limitations same as those for “Repayment of loan (principal, interest)”

Not allowed for JSCs

Allowed with usual limitations

Payment of royalties

Allowed with usual limitations

Allowed with usual limitations. Some limitations with the specific IPs may apply. Some businesses cease to deal with the Russian counterparties

* Resident / non-resident terms are used in the context of currency control law. Resident / non-resident could be a legal entity or an individual

** The table does not include special limitations / prohibitions apply to the sanctioned legal entities or individuals or some special types of goods. It is assumed that resident / non-resident is independent from the Russian state (state agencies and entities sanctioned)

*** Additional limitations with respect to the certain payment amounts (dividends, etc.) may be set by the Russian Central bank

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