A proposal has been sent to the Russian parliament to reduce the standard VAT rate from 20% to 15% on 1 July 2020. Furthermore, the reduced VAT rate will also be decreased by 16.67% to 13.04%. The VAT charge estimates that by reducing the VAT rate by 5% it will...
Russian footwear brand Obuv Rossi has revealed its plans to develop an online marketplace. The platform will be accessible from its parent brand’s website; Westfalika.ru The new marketplace is designed to sell products that aren’t available in physical Obuv Rossi...
Russian Post and China Post have formed a partnership in which they will build a new logistics service known as cPacket. The service will include the introduction of a new aviation scheme and shipping routes. As many parcels are exchanged between China and Russia...
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