Latest News

Tax authorities will reimburse VAT faster

Tax authorities have prepared new rules for VAT refunds, according to which the VAT refund periods will be reduced. It is assumed ...

Jul, 21 2017


What to do if the Federal Tax Service has blocked a bank account?

For any company, the block of bank account operations is extraordinary which makes impossible to carry out activities. The reasons why the ...

Jul, 19 2017


How to get employee to work on holidays?

Sometimes it is required to get employee to work on holidays or weekends. Employer should formalize such work on weekend in ...

Jul, 10 2017


Overview on dismissal under agreement of the parties

When dismissing employee under agreement of the parties, it is important to follow the procedure of dismissal. Violation may lead to ...

Jul, 10 2017


What to do with documents after expiration of storage period?

Depending on terms of storage office documents can be divided into: - temporary (up to 10 years inclusive)Such documents as invoices, agreements ...

Jul, 05 2017


Overtime will not be paid twice

According to new amendments in Labor code work on weekends will not affect the overtime. Previously for overtime on weekends employers ...

Jul, 05 2017


Weekends and holidays in 2018

According to new draft law it is planned to establish following weekends and holidays in 2018: – from Dec-30 till Jan-8 (10 ...

Jul, 04 2017


Privilege for profit tax

New draft law provides tax privileges for companies, investing in modernization of manufacture. It will be allowed to reduce profits tax ...

Jun, 28 2017


Fines for processing personal data of employees will be increased

Since July 1 fines for improper processing of employees’ personal data will be increased in Russia. Amendments was officially adopted on ...

Jun, 14 2017


Ban on hiring citizens from Turkey was annulled

The document, annulling ban on hiring foreign citizens from Turkey, was signed. This document should come into force after its official ...

Jun, 01 2017


In what cases absence from the place of work is not considered as unauthorized absence

According to the Labor Code of the Russian Federation, unauthorized absence is recognized as absence from the place of work without ...

May, 30 2017


New rules on registration for foreigners during Football Cups 2017 and 2018

Since May 9,2017 several changes have been made to the rules of migration registration for period of FIFA Confederations Cup and ...

May, 18 2017


Legal Alert – Changing requisites for paying taxes

Since May 06, 2017 requisites for paying taxes in Moscow have been changed.  New requisites came into force on February, however there ...

May, 11 2017


FEDERAL TAX SERVICE REDUCES PRESSURE ON BUSINESS

The Federal Tax Service (FTS) has published new document advising tax inspectors to stop charging additional taxes for formal violations in ...

Apr, 28 2017


COMPANIES WILL BE RELEASED FROM CURRENCY CONTROL

The release from currency control is planned for exporting companies. This obligation will be transferred from companies to the banks.At present ...

Apr, 28 2017


WHAT TAXES AND SOCIAL FEES SHALL BE PAID FOR FOREIGN EMPLOYEES

Personal income taxIncome of foreign employees is subject to personal income tax. This tax is paid by the employer.General rate of ...

Apr, 28 2017