Blago Group conducts its procurement activities in strict compliance with the requirements of the current legislation and follows the principles of openness, and the equal treatment of all suppliers able to who are able to prove their reliability, and meet the relevant quality and delivery time requirements.

Blago Group is a member of the Association of Bona Fide Participants in the Agroindustrial Complex Market, and is also a member of the Charter in the Sphere of Agricultural Products. By joining the Charter, the company is imposing special obligations in terms of business principles aimed at counteraction of illegal actions on the agricultural products turnover market.

Please note that the tax authorities have increased control over the exercise of due diligence by the organization when selecting a counterparty. If during the tax audit, it is discovered that the counterparty is in violation of tax legislation or appears to be a non-compliant taxpayer, the transaction with such a person is considered as dubious, aimed at obtaining an unjustified tax benefit. The costs and amounts of VAT deducted in that transaction are excluded from the tax base.

The criteria according to which prudence may be recognized as due are developed on the basis of letters and orders of the Federal Tax Service, Rosfinmonitoring, the Charter and arbitration practice.

Blago Group reserves the right not to conclude supply, work, service and other contracts with contractors, who do not provide the appropriate documentation.

Dear partners, we ask you to be timely in your provision of documentation, related to confirmation before tax authorities of the right choice of Blago Group as a bona fide and reliable partner.

Yours sincerely,
Blago Group