Deerfield Beach, FL -- (SBWIRE) -- 01/13/2016 -- Synopsis

Russian fiscal regime report outlines the governing bodies, governing laws, business licenses, rights and obligations and tax-related information on eight commodities: iron ore, copper, gold, silver, nickel, zinc, bauxite and coal.

Summary

Timetric's fiscal regime report covers Russia, which has a range of natural resources, including oil fields, coal deposits and numerous strategic minerals. However, adverse climatic conditions and remote locations make the exploitation of many resources difficult.

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Scope

The report outlines the governing bodies, governing laws, business licenses, rights and obligations, key fiscal terms which includes one-time payments and fees, mineral extraction tax, profit tax, transport tax, land tax, depreciation, loss carry forward and value added tax (VAT).

Reasons To Buy

Gain an overview of Russia's mining fiscal regime.

Key Highlights

- The Ministry of Energy is a federal executive body responsible for drafting and implementing government policy and legal regulation in sectors including oil and fuel, electric power, renewable energy and hydrocarbons.

- The Federal Agency for Mineral Resources is a federal body of executive authority responsible for providing state services, managing state property, and legal regulation in the sphere of subsoil.

- The Ministry of Natural Resources and Environment of the Russian Federation is a federal executive body responsible for formulating government policy and legal regulation in the field of the exploration, use, reproduction and protection of natural resources.

- The Federal Service of Environmental, Technological and Nuclear Surveillance is an authorized agency for issuing mining allotments

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Table of Content

1 Executive Summary

2 The Russian Mining Industry – Governing Bodies
2.1 Ministry of Energy of the Russian Federation
2.2 Federal Agency for Mineral Resources
2.3 Ministry of Natural Resources and Environment of the Russian Federation
2.4 Federal Service for Environmental, Technological, and Nuclear Surveillance

3 The Russian Mining Industry – Governing Laws

4 The Russian Mining Industry – Ownership and Business Licenses
4.1 Subsoil Ownership

5 The Russian Mining Industry – Rights and Obligations
5.1 Rights
5.2 Obligations

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