1 Table of Contents

1 Table of Contents 1
1.1. List of Tables 3
1.2. List of Figures 4

2. Executive Summary 5

3. Russia’s Mining Fiscal Regime: Ease of Doing Business 6

4. Russia’s Mining Fiscal Regime: Governing Bodies 9
4.1. Ministry of tural Resources and Environment of the Russian Federation 9
4.1.1. Federal Agency for Mineral Resources 9
4.1.2. Federal Service for Hydrometeorology and Environmental Monitoring 9
4.1.3. Federal Service for Supervision of tural Resources 9
4.1.4. Federal Service for Water Resources 10
4.1.5. Federal Agency of Forestry 10

5. Russia’s Mining Fiscal Regime: Mining Laws, Rights, and Obligation 11
5.1. The Federal Law on Subsoil (The Subsoil law) 11
5.2. Mining Rights 11
5.3. Mining Obligations 11

6. Russia’s Mining Fiscal Regime: Ownership and Licenses 13
6.1. Subsoil Ownership 13
6.2. Licenses 13

7. Russia’s Mining Fiscal Regime: Taxes and Royalties 14
7.1. Federal Level 14
7.1.1. One-Time Payment and Fees 14
7.1.2. Mineral Extraction Tax 14
7.1.3. Profit Tax 15
7.1.4. Value-Added Tax 15
7.1.5. Stamp Duty 15
7.2. Regiol Level 15
7.2.1. Corporate Property Tax 15
7.2.2. Transport Tax 16
7.3. Municipal Level 16
7.3.1. Land Tax 16
7.3.2. Depreciation 16

8. Appendix 18
8.1. Abbreviations 18
8.2. Methodology 18
8.2.1. Coverage 18
8.2.2. Secondary Research 18
8.3. Contact Us 18
8.4. Disclaimer 19