TIN translation into English language
In which situations do you need to translate your TIN?
TIN is a tax identification number, a code that is necessary to enable accounting of tax payers in the federal tax system. TIN is used by the tax service to track tax payments by a citizen or an organization, to identify the tax payer, to manage data in relation to the received taxes and fees.
When a foreign national is recruited by a Russian physical or legal person, the latter, apart from a specific title granting the right to work, should also provide a TIN.
TIN translation is required when hiring a Russian employee for a job position in a company based abroad or in a company that has a branch on the territory of the Russian Federation, but that pay taxes and wages on the territory of another country. Translation of bank reference details and TIN into English can also be necessary to settle accounts with foreign companies and citizens, to make bank transactions, etc.
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