Property owbers' FAQ

Payment of taxes for letting residential property

Read about tax payment options for individuals and Individual Entrepreneurs HERE.

Fines for not paying tax for letting residential property

If the owner of the premises fails to pay the tax for the reasons beyond his control, he will have to pay a penalty of 20% of the unpaid tax (clause 1 of article 122 of Tax Code of the Russian Federation). If the owner intentionally does not pay the income tax, the fine will be 40% of the outstanding amount (paragraph 3 of article 122 of the Tax Code of the Russian Federation). 

For the significant violations of tax obligations, there is a criminal liability.

Migratory registration of foreigners in apartments/ houses

According to the Federal law, each foreigner has to be registered at the address of his actual residence in Russia by his host party (a hotel/ an apartment owner or another person permanently registered in the apartment). 

The owner of the property must apply for the registration of his tenant/ guest in the district office of the Federal migration service in the period set by the law.

Read more details HERE.