DIGITAL RESIDENCE FOR IT-SPECIALISTS

Russia considers the possibility to provide foreign IT-specialists with “digital residence”.

Digital residence will allow to work in Russia, have a digital ID, open bank accounts, pay taxes, communicate with authorities and establish companies. IT-companies established by people with digital residence will get the same tax benefits as Russian IT-companies.

Digital residence will not however provide a stay permit or citizenship.

Russian IT-companies will be able to engage employees with digital residence.

It is expected that the digital residence program will also provide tax benefits for intellectual property, upgrades in employment and international law, decrease of responsibility for violations.