https://sputnikglobe.com/20230823/foreigners-to-be-able-to-withdraw-investment-dividends-in-production-technology-1112817118.html
Foreigners to Be Able to Withdraw Investment Dividends in Production, Technology
Foreigners to Be Able to Withdraw Investment Dividends in Production, Technology
Sputnik International
Foreigners will be able to withdraw dividends from investments in production and technology development in Russia made after April 1, 2023, the Russian Finance Ministry said on Wednesday.
2023-08-23T12:33+0000
2023-08-23T12:33+0000
2023-08-23T12:34+0000
russian finance ministry
bank of russia
russian economy
russia
economic development
foreign investment
economy
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"Now the payment of dividends (profits) to foreign persons can be carried out without restrictions, but its volume should not exceed the size of investments in Russia. Also among the conditions for the payment of dividends: the investment of foreign creditors in the Russian economy starting from April 1, 2023, including the expansion of production in Russia and the development of new technologies," the ministry stated. The decision was taken by the subcommittee on monitoring the implementation of foreign investments of the Russian Finance Ministry and the Bank of Russia.
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russian finance ministry, russian economy, russian economy under sanctions, russia's economy, sanctions against russia, russia's economic growth, russian ministry of finance, foreign investment in russia, foreign creditors, foreign investors
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Foreigners to Be Able to Withdraw Investment Dividends in Production, Technology
12:33 GMT 23.08.2023 (Updated: 12:34 GMT 23.08.2023) MOSCOW (Sputnik) - Foreigners will be able to withdraw dividends from investments in production and technology development in Russia made after April 1, 2023, the Russian Finance Ministry said on Wednesday.
