In July, in Sankt-Petersburg the Russian Federation will host the 2020 UEFA European Football Championship, UEFA Euro 2020. The organization and conduct of championship traditionally attract a large number of foreign sports, marketing, and other organizations. Most companies participating in the UEFA sports events will face incurred costs in Russia (accommodation, technical costs, local purchases ant, etc.) on which they pay Russian VAT. For the UEFA Euro 2020, the Russian Government has introduced the possibility of a refund VAT paid by foreign organizers and marketing partners (Resolution of the Government of the Russian Federation No. 1308 dated 10th of October 2019). To be able to refund VAT paid by these organizations, they should have a contract with the UEFA.
In July, in Sankt-Petersburg the Russian Federation will host the 2020 UEFA European Football Championship, UEFA Euro 2020. The organization and conduct of championship traditionally attract a large number of foreign sports, marketing, and other organizations. Most companies participating in the UEFA sports events will face incurred costs in Russia (accommodation, technical costs, local purchases ant, etc.) on which they pay Russian VAT. For the UEFA Euro 2020, the Russian Government has introduced the possibility of a refund VAT paid by foreign organizers and marketing partners (Resolution of the Government of the Russian Federation No. 1308 dated 10th of October 2019). To be able to refund VAT paid by these organizations, they should have a contract with the UEFA.
