Professional audit of tax accounting helps to avoid problems with legislation, optimize tax base and make the activity of enterprise more efficient. Companies with multi-level structure, including holding companies, especially need tax audit. This service is also popular among companies with extensive network of branches, among medium and small businesses.
Review of key bills and initiatives of 2019
In 2019, several significant events in the field of law, finance and business took place in Russia. Innovative laws in various branches of civil law were approved, global amendments to procedural legislation were adopted, etc.
We offer to your attention the most important legislative changes and initiatives of 2019.
Compliance and due diligence
Due diligence and compliance are the procedures which are necessary for conducting any business activity. Both concepts are interrelated as they have a goal of avoiding as much as possible any legal and financial risks for the owner of organization or investor.
Establishment of branches and opening of representative offices of foreign companies in Russia
In order to do business in the Russian Federation, foreign investors establish limited liability companies (OOO), branches, or open representative offices. Establishment of branches or opening of foreign representative offices in Russia is connected with the accreditation procedure, which is more complex and costly compared to registration of OOO. Nevertheless, many companies choose exactly this way to perform activities. Why?
Registration of LLC by a foreign citizen in Russia
According to the Russian legislation, both foreign legal persons and individuals may create limited liability companies in the Russian Federation. Moreover, an LLC may be established by a foreign citizen independently, or jointly with citizens of the Russian Federation.