As Russia continues its post-crisis economic transition, 2025 brings a favorable wave of tax incentives for foreign-owned companies—especially from “friendly countries” like Vietnam. These reforms are part of a broader effort to attract new foreign direct investment (FDI) and boost domestic production, logistics, and consumer markets.
For Vietnamese entrepreneurs and small-to-medium enterprises (SMEs), this is a rare opportunity to enter an under-served, high-potential market with significantly lower tax burdens. With Bukreev Consulting guiding you through every step, expanding into Russia has never been more achievable.
Overview: Russia’s Tax Policy Shift Toward Foreign Businesses
In response to global sanctions and the need to diversify trade relationships, Russia has implemented a new tax policy for 2025–2030 focused on attracting FDI from Asian, Latin American, and African nations.
Key highlights of Russia’s new tax incentives include:
- 50% profit tax for qualified IT and high-tech companies until the end of 2024, extendable for tech zones
- Reduced social contributions (from 30% to 7.6%) for registered IT businesses
- 0–2% corporate income tax for companies in Special Economic Zones (SEZs)
- VAT exemption on software licensing and digital product transfers
- Fast-track customs clearance and import duty relief for high-priority goods
These changes are most applicable to foreign-owned companies that localize production or create jobs inside Russia.
Who Qualifies for These Tax Incentives?
Vietnamese businesses can benefit if they meet the following criteria:
- Over 70% of business activity falls within approved sectors (IT, manufacturing, agriculture, logistics, etc.)
- Company is registered in Russia or a designated Special Economic Zone (SEZ)
- Majority ownership can remain foreign, with simplified licensing and visa procedures
- Must maintain transparency, tax compliance, and local operational activity
Vietnam–Russia Trade Relations: A Strategic Foundation
Vietnam is one of the few ASEAN countries with an active Free Trade Agreement (FTA) with the Eurasian Economic Union (EAEU), which includes Russia. As a result, Vietnamese goods enjoy reduced tariffs and faster customs clearance, especially in these sectors:
- Food & agriculture: coffee, tea, seafood, rice noodles
- Garments & textiles: affordable apparel for mid-tier Russian retailers
- Furniture & interior design: high-quality Vietnamese wood products
- Natural cosmetics & herbal supplements
Because of supply chain gaps caused by reduced Western imports, Russia’s retail and manufacturing sectors are actively seeking replacements—and Vietnamese brands are gaining traction.
Priority Sectors for Foreign Investment in Russia 2025
Based on the latest policy from the Russian Ministry of Economic Development, these are the top-performing, under-served sectors for FDI:
1. Information Technology and Software Development
- Tax benefits: 5% profit tax, 7.6% social tax
- Must be registered in Russia’s official Registry of Domestic Software
2. Manufacturing and Light Industry
- Ideal for Vietnamese factories relocating or exporting machinery, packaging, or materials
- SEZ-based companies pay 2% or lower income tax for 10 years
3. Logistics and Warehousing
- Government co-investment in warehouse infrastructure
- Good for SMEs looking to store or distribute Vietnamese products
4. Food Processing and Beverage
- Vietnamese coffee brands, sauces, and snacks are gaining popularity
- Incentives for localized production or packaging in Russia
Benefits of Establishing a Business in a Russian SEZ
Special Economic Zones in regions such as Kaluga, Tatarstan, and Novosibirsk offer tax advantages and simplified procedures:
Common Questions from Vietnamese Entrepreneurs
Can I open a company in Russia if I live in Vietnam?
Yes. Bukreev Consulting can handle registration remotely via power of attorney. No need to be physically present.
Do I need a Russian partner to qualify for incentives?
No. 100% foreign ownership is allowed in most cases.
How long does it take to set up a business in Russia?
7–10 business days for standard LLC registration. SEZ registration may take up to 30 days.
Can I get a long-term visa or residency as a business owner?
Yes. Business visas and special residence permits are available for foreign investors.
How Bukreev Consulting Supports Vietnamese Investors
As the leading consulting firm specializing in Vietnam–Russia business relations, Bukreev Consulting offers:
- Company registration (LLC, branch, JV)
- Tax planning & legal compliance
- Licensing for IT, F&B, and import activities
- Assistance with SEZ applications
- Customs code registration and import logistics
- Local partner search, office leasing, and hiring support
- Vietnamese-speaking legal support
Step-by-Step Guide to Access Tax Benefits in Russia
- Book a free consultation via businessinrussia.online or Zalo +79853590384
- Evaluate your business model: Does it fit within Russia’s priority sectors?
- Choose the best legal structure: LLC, representative office, or SEZ entity
- Submit registration documents: Bukreev handles translation, submission, and legal liaison
- Apply for SEZ or IT benefits with the help of our certified legal experts
- Begin operations: Open a bank account, rent space, hire local staff
Conclusion: Turn Russia’s Tax Incentives into Your Competitive Advantage
Russia’s 2025 investment policy offers low tax rates, simplified registration, and preferential treatment for Asian entrepreneurs. Vietnamese businesses in the right sectors can scale fast, access a large market, and build international credibility.
But navigating local laws and tax procedures requires an experienced, bilingual partner. That’s where Bukreev Consulting comes in.
📞 Ready to expand your business to Russia?
✅ Book a free consultation now:
📱 Zalo / Telegram: +79853590384
Let’s take your business from Vietnam to Russia—legally, safely, and successfully.
