Key Features for Russian Compliant Invoices
To ensure your invoices comply with Russian regulations, look for systems that natively support Russian tax requirements. A crucial feature is the ability to accurately calculate and display Russian Value Added Tax (VAT) at various rates, including the standard 20% rate, 10% for specific goods, and 0% for certain exports. Your invoicing solution must also facilitate issuing invoices in Russian Rubles (RUB) and clearly state the currency. Furthermore, it's mandatory to include specific details for both the sender and recipient, such as the Identifikatsionnyy Nomer Nalogoplatel'shchika (INN) – a unique taxpayer identification number – and the KPP (Reason for Registration Code). Without these, your invoices risk being non-compliant and could lead to payment delays or legal issues.