Tech firms request inclusion on Russia's domestic software list -RBC
(Reuters) - Russian online lender Tinkoff and e-commerce firm Ozon (OZON) are among a handful of companies with some foreign ownership seeking government approval to participate in state tenders and access preferential tax rates, the RBC newspaper reported on Wednesday.
Companies with more than 50% Russian ownership can be included on
Maksut Shadaev, minister of communications and mass media, on Tuesday said the barriers to entry into the register, primarily the 50% ownership threshold, needed to be reduced and the whole process simplified.
"We believe this criterion needs to be changed slightly because we have a lot of Russian companies where less than 50% of shares are owned by Russian citizens, but Russian citizens in fact control the company's activities," agencies quoted Shadaev as saying at a forum on Tuesday.
A letter asking Prime Minister
"For a number of Russian companies which are leaders in the digital economy, which conduct business only in
(Reporting by Reuters)