PRESIDENTIAL DECREE OF THE RUSSIAN FEDERATION

of July 31, 2023 No. 575

About modification of the Presidential decree of the Russian Federation of February 6, 2023 No. 72 "About special procedure for carrying out calculations between some legal entities - residents when implementing foreign economic activity"

1. Bring in the Presidential decree of the Russian Federation of February 6, 2023 No. 72 "About special procedure for carrying out calculations between some legal entities - residents when implementing foreign economic activity" (The Russian Federation Code, 2023, No. 7, the Art. 1104) the following changes:

a) add Item 1 with the words "and (or) into accounts of the Russian suppliers in the banks located outside the territory of the Russian Federation";

b) add with Item 1 (1) the following content:

"1(1). Provide to legal entities - residents (the Russian contractors) who directly perform according to the agreements in foreign trade (contracts) signed with nonresidents foreign trade in services (works) rendered (executed) other legal entities - residents (the Russian collaborators) based on the service provision agreements (performance of works) concluded between the Russian contractors and the Russian collaborators in pursuance of intergovernmental agreements, the right to convert the foreign currency cash which arrived from nonresidents (less the expenses incurred by the Russian contractors in case of execution of agreements in foreign trade (contracts), including the expenses provided by service provision agreements (performance of works) and also less the amounts of commission fee the transactions paid by the Russian contractors to corresponding banks for implementation on money transfer in case of execution of agreements in foreign trade (contracts) and service provision agreements (performance of works), into accounts of the Russian collaborators in authorized banks without obligatory sale of foreign currency and (or) into accounts of the Russian collaborators in the banks located outside the territory of the Russian Federation.";

c) state Item 2 in the following edition:

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