Blog

It will be easier to get zero export VAT

The bill also provides for the possibility of VAT exemption for individuals. Deputies are considering a bill that will simplify the receipt of a tax deduction in the form of a zero VAT rate for exporters of Russian goods. A taxpayer who intends to receive zero export VAT is obliged…

Jun, 22 2022
Obtaining a residence permit in Russia for foreign IT specialists will be simplified.

The Parliament approved a draft law on simplified obtaining a residence permit for foreigners working in the field of information technology. This will affect employees of Russian companies accredited in the Ministry of Finance. To obtain a residence permit, such foreigners will not need to issue a temporary residence permit….

Jun, 22 2022
It is no longer necessary to sell foreign currency earnings.

The Ministry of Finance has abolished the requirement to sell proceeds to raw materials and non-raw exports, as well as foreign exchange business contracts. The new rules come into force on June 10. Prior to that, on June 09, Russian President Vladimir Putin canceled the requirement for the sale of…

Jun, 22 2022
The Tax Service extended the ban for blocking current accounts

The Tax Service has extended the ban on blocking business accounts with arrears for one month. The moratorium is valid until July 1, after which debtors will be required to repay the tax debt within two weeks. The ban on blocking business accounts with debts to the budget was introduced…

Jun, 08 2022
The procedure for resolving corporate disputes. Existing ways to resolve differences.

Contents: Participants and subject of corporate disputes Features of corporate disputes and their consideration Causes of corporate disputes Procedure for consideration of corporate disputes Ways to resolve corporate disputes A corporate dispute is a disagreement between the participants (shareholders) regarding the nuances of doing business. Such conflicts can harm both…

Jun, 02 2022
Legal support of investment projects. When and why is this necessary?

Contents: Support of new and existing investment projects Services to foreign investors in Russia Providing legal support for investment projects of Russian business in the CIS Investments are cash, securities, real estate and rights to other property that are acquired to make a profit, preserve assets or other benefits of…

Jun, 02 2022
Features of the consideration of corporate disputes. How to resolve disagreements in pre-trial and judicial proceedings?

Contents: What are the features of the consideration of cases on corporate disputes? Features of pre-trial consideration of corporate disputes Resolution of corporate disputes in court A corporate dispute is a disagreement arising within a certain company and related to its creation, management, reorganization, profit distribution or liquidation. A conflict…

Jun, 02 2022
Senators are considering a bill on a new procedure for managing external business

The State Duma adopted in the first reading a bill on the management procedure in foreign companies, where the share of foreign business is more than 25 percent. It is permissible to introduce external management only in companies that intend to leave the Russian market. External administration can be introduced…

Jun, 01 2022
The government will simplify the purchase of businesses leaving the Russian Federation

Russian business will get the right to purchase foreign companies that intend to leave the Russian market. The measures are aimed at adapting the Russian economy and preserving jobs. The government has approved 14 new measures to maintain the stability of the Russian economy in the face of sanctions. The…

May, 25 2022
Entry of foreign citizens to Russia in 2022.

Due to the coronavirus, there are restrictions on entry to Russia for foreigners. There is a list of countries whose citizens are allowed to enter Russia for tourist purposes. In this case, entry is allowed by air transport. To enter Russia, a negative PCR test in Russian or English will…

May, 25 2022
Obtaining a residence permit will be simplified

Foreign citizens will be able to obtain a residence permit or work permit in Russia under a simplified procedure. A draft law has been prepared simplifying the procedure for obtaining a residence permit for foreigners who do not need a visa to enter Russia. Such foreign citizens will need to…

May, 25 2022
New bills: state registration of brands, digitalization of taxes and requirements for accounts of government agencies.

Senators have passed a law banning the registration of a trademark if the place of its manufacture can mislead the consumer, of course. Now Article 1537 of the Civil Code of the Russian Federation has been supplemented with the norms that the goods are considered counterfeit when a false geographical…

May, 25 2022
Most foreign companies continue to operate in Russia.

The companies that received the largest revenue on the Russian market in 2020 continue their work in Russia. This conclusion was made based on the study of the activities of the largest foreign companies in Russia. After the introduction of sanctions against Russia, many foreign companies decided to cease operations…

May, 18 2022
The regulator has introduced new rules for banks on currency circulation.

By the end of the year, the Central Bank introduced financial breaks. Now banks have the right not to comply with the limits on currency positions in dollars and euros. Open Currency positions (ORP) are the difference between financial liabilities and claims in a currency. The regulator assured that the…

May, 18 2022
Work permit in Russia. Who can apply and how?

Contents: Who needs a work permit in Russia How can an employer register a foreign employee? Rules for registration of an employment contract with a foreign person The procedure for processing documents Collection of other documents for work registration How to get a work permit in Russia as a VKS…

May, 13 2022
Defense in court. Getting the support of a representative. The role of legal support during the proceedings.

Contents: Duties of a judicial representative Getting support from a representative Filling out documents for obtaining representation in court cases Consideration of cases in court The role of legal support during the proceedings Preparation of the application Preparation of an appeal Filing a cassation complaint Advantages of applying for legal…

May, 12 2022