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⍰ ASK Are there any specific industries where offshore companies face more scrutiny in Russia?

In Russia offshore firms in natural resource industries, like oil and gas, face extra scrutiny due to fears of tax evasion.

The government closely watches to prevent capital flightespecialy in the vital energy sector. The financial field, covering banking, faces increased examination as Russia strengthens its financial system to curb illegal money flows.

Strategic sectors like defense and telecommunications draw regulatory attention to offshore involvement due to national security concerns.
 

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