Most Russian double taxation conventions contain provisions on the status of permanent establishment, which allows foreign companies to set up in this country in different forms. Under this status, foreign companies can benefit from advantageous tax conditions. Egyptian companies, for example, that have just opened a free trade zone with Russia in Port Said, should also think about their existing DBA with Russia, as well as Indian traders who currently operate in Russia, for example, investors in precious stones at the Eurasian Diamond Exchange in Vladivostok. There are many other examples, depending on Russian domestic demand for foreign products – which has increased as a result of the sanctions and is good news for Asian companies that want to take advantage of the EU`s exit from Russian trade. There are chances. The main purpose of these treaties is to protect the investor against double taxation of the same income in two different countries and to avoid tax discrimination against a signatory country abroad. In particular, interest, royalties, pensions, dividends are subject to these double taxation conventions. The Protocol also provides for a short list of cases where interest is not imposed in the source State. Interest is taxed only in the State of the resident if it is paid to a resident of that other State who is the person who is actually entitled to the interest (i.e. the beneficial owner) and is also one of the following: the role of double taxation treaties is to control how profits are taxed in different countries.