If the donation does not come in rubles

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The law does not prohibit receiving donations in foreign currencies. For example, if you work on a foreign platform.

Today, it is not possible to cash out donations in foreign senegal telegram number database currency, they can only be exchanged for rubles. The restriction is valid until September 9, 2024. When choosing a foreign platform, make sure that the bank will be able to receive transfers in foreign currency.



What to consider when receiving donations to a foreign account or wallet
An account in any other country is considered foreign. An electronic wallet can also be foreign. There is a list of foreign wallets . The account is opened as an individual entrepreneur or an individual. Here new responsibilities appear:

Within a month after opening, you must submit an application in the form KND 1120107 to the Russian tax office at your place of registration . To close the account, you must send the same. The exception is if you open an account as an individual and at that time you have not lived in Russia for a year.
Submit cash flow reports. Individual entrepreneurs submit report form KND 1112521 once a quarter within 30 days after the end of the quarter. Individuals submit report form KND 1112520 once a year before June 1 .