Online exporters will find it easier to confirm the zero VAT rate

For online retailers in Russia who sell goods abroad, it has been simplified to receive a zero VAT rate. The relevant amendments to the Tax Code of the Russian Federation began to take effect on April 1. Previously, the process was complicated by a lengthy paper collection procedure and was one of the key barriers to export in online commerce.

Now all documents can be submitted to the Federal Tax Service in electronic form in the form of an electronic register. To confirm the right to zero VAT, participants in the online commerce market will only need to provide information from copies of product declarations or customs declarations of form CN 23 (LR. this is a form that must be filled out when sending parcels, small packages and parcels abroad). The tax service will receive most of the information from the Federal Customs Service of Russia as part of an information exchange.

The simplified procedure for confirming the zero VAT rate will reduce the cost of Russian goods and increase their competitiveness in international markets.