PEAK lease plus

2020: Start of service

On April 23, 2020 the PIK group announced start of PIK-arenda plus service which users will be able to organize property rental with receiving official income with the minimum taxes. The developer expects high interest in the new project during self-isolation because of COVID-19 pandemic as the service allows to make all transactions with housing virtually – from viewing the apartment before support of the transaction and control of payment.

The PEAK undertakes process of a design of self-employment for the lessor, payment of a monthly tax in the amount of 4% and timely submission of the reporting in the tax inspection.  Payments will be listed to the lessor by service in the appointed date. The service also undertakes collecting of a payment from residents, as well as legal support at a stage of accommodation and when changing the tenant. Users will have to pay 2% of lease cost for services of PIK-arenda plus service.

Sberbank and PIK announced the Russia's first service of online payment of the real estate by bank cards

By April 23, 2020 inhabitants of 23 regions can use a product of PIK-Arenda plus: Moscow, St. Petersburg, Yekaterinburg, Perm, Volgograd and other large cities. Since July 1, 2020 the service is going to be made available through the whole country.

The president of the PIC group Sergey Gordeev  noted that  new service closes on itself and automates all processes of leasing.

It is especially relevant for those who in the current conditions want to exclude personal contact with the tenant, but at the same time timely to gain income — he said.

Vedomosti reminds that the individuals and individual entrepreneurs gaining income from goods of own production or rendering services without involvement of wage workers will be able to use new tax regime. For individuals the tax rate will be 4%, for legal entities and individual entrepreneurs – 6%.^[1]

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