By 1 September 2025, solely 3.17 million corporations remained in Russia's Unified State Register of Authorized Entities, down from 3.29 million in 2023.
Supply: International Intelligence Service of Ukraine
Quote: "The explanations for this are the excessive key fee of the central financial institution, which remained at 21% every year for six months, and the tightening of tax management."
Particulars: In 2024, the Russian tax service liquidated 100,000 authorized entities, in contrast with 172,000 in 2023 and over 214,000 in 2022. Slightly than stabilising the market, these measures weaken competitors, scale back employment and suppress innovation.
Ukrainian intelligence stories that within the first half of 2025, "enterprise deaths" in Russia have exceeded "births" by nearly one and a half occasions – the primary time since 2022, when corporations left the market en masse following sanctions.
Closures have most frequently affected commerce, building and industrial corporations.
Regardless of a modest lower in the important thing fee to 17%, Russian companies proceed to contract. The Russian financial system faces a chronic disaster that hits key sectors and denies small and medium companies alternatives for development.
Background:
- International Intelligence Service of Ukraine reported that Russia had trapped itself by boosting defence spending and turning its defence industrial base into the principle driver of home demand.
- The Russian Ministry of Finance introduced a brand new measure aimed toward defending the state funds from fluctuations in oil costs and Western sanctions affecting Russian power exports.
- The Russian authorities is contemplating elevating the value-added tax (VAT) fee to curb the funds deficit and protect reserves.
- Russia’s financial system faces extra severe issues than formally acknowledged, with an actual danger of a systemic banking disaster over the subsequent 12 months.
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