Operation 8.4 · Distribution of profit (dividends)
Permit to pay dividends to foreign shareholders subject to conditions: not more than 50% of the previous year's net profit; retrospective review; willingness to continue operations in Russia; KPIs, etc.
Status
permit required
Legal basisExtract No. 171/5 of 7 Jul 2023
Verified as of 21 October 2026 · All operations
Other operations in this section
8.1Distribution of profit of LLCs, partnerships and cooperatives to participants that are foreign persons of unfriendly states, in an amount not exceeding RUB 10 million in aggregate per calendar month (or the equivalent in foreign currency).Permitted8.2Distribution of profit to the same participants above RUB 10 million per month (other than cases 8.3–8.6).Permit required8.3Distribution of profit above RUB 10 million per month — only by payment in roubles to a type C account.Permitted8.5Favourable decision where foreign creditors have, after 1 April 2023, invested in the Russian economy (expansion of production, new technologies) — in the amount of such investment.Permit required8.6Distribution of profit to participants that are unfriendly foreign persons controlled by a Russian person and disclosed as a CFC, or controlled by a friendly person.Permitted8.7Termination of residents' obligations to distribute profit by set-off on the basis of permits of the Bank of Russia or the Government Commission.Permitted
Guides
Dividends from a Russian subsidiary to a shareholder in an unfriendly state
The RUB 10 million monthly cap, type C accounts, the two routes to a permit, and the one structure that avoids the regime altogether.
Type C accounts: what goes in, what can come out, and the 2026 changes for deposits
The mechanism behind every “RUB 10 million per month” rule — who must use it, what a balance can be spent on, and what Decrees No. 377 and 550 did this year.