Work hard and you will find success

Eduard Utkin, Director General of the “Jewellers’ Guild of Russia” Association, expert of the RF Chamber of Commerce and Industry’s Committee on Precious Metals and Precious Stones, told R&P about implementing the SIIS PMPS (State Integrated Information...


GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

20 september 2021

Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

Russian Government submitted a bill to State Duma to amend Tax Code due to introduction of TOPSEDs

20 october 2014

The Government of Russia has submitted a bill to the State Duma to amend the Tax Code following the enforcement of the law on Territories of Priority Social and Economic Development (TOPSED) in the Russian Federation.
The amendments are aimed to establish favorable taxation environmnet in TOPSEDs and attract investors.
The draft law proposes the introduction of special tax treatment for residents of TOPSEDs.
In particular, the document suggests lower tax rates on revenues and mining.
Tax residents shall be registered in appropriate TOPSEDs provided that resident entities have no subdivisions based beyond the Territory, do not apply special tax schemes and are not members of tax consolidated groups.
Non-profit organizations, banks, insurance companies, non-government pension funds, professional participants of stock markets, clearing agencies and residents of Special Economic Zones of any type are not eligible to become TOPSED residents.

Anna Georgieva, Rough&Polished