Latest News

EMPOYMENT OF REMOTE WORKING EMPLOYEES IS FORBIDDEN

According to explanation letter of Ministry of Labor signing of employment agreement on remote work with citizen working abroad is forbidden. ...

Apr, 28 2017


OVER 654,000 COMPANIES WERE LIQUIDATED BY THE DECISION OF THE TAX AUTHORITIES

During 2016 the tax authorities removed more than 654 thousand companies from the Unified Register of Legal Entities (the Register). It ...

Apr, 28 2017


LEGAL ALERT – NEW STATE FEE PAYMENT DETAILS FOR WORK PERMITS AND VISAS

State fee payment details for obtaining work permits and invitation for visas have changed.New payment details are:Beneficiary: УФК по г. Москве ...

Apr, 28 2017


AMENDMENTS TO THE NOTARY LAW SET NEW ORDER FOR USING POWERS OF ATTORNEY

Several amendments to the Notary law came into force and made some significant changes in rules of operations with powers of ...

Apr, 28 2017


HOW TO ORGANIZE BUSINESS TRIP IN 2017?

1. Documents required to organize business tripOrganization of business trip requires preparation of assignment letter and business trip order. It is ...

Apr, 28 2017


NEW LIMITS FOR SOCIAL FEES WILL COME INTO FORCE ON JANUARY 1, 2017.

In 2017 social fees shall be as follows:To Pension fund – 22% for amounts under 796 000 rubles and 10% for ...

Apr, 28 2017


IN FEW YEARS, HALF OF THE COMPANIES WILL BE REGISTERED ONLINE

Federal tax service plans to increase amount of companies registered via the Internet up to 50%. At the present time, online-registration ...

Apr, 28 2017


REFORM OF DOCUMENT FLOW IN THE SPHERE OF EMPLOYMENT

Several adjustments to employment law shall allow to conclude employment agreement in electronic form.It is presumed that employer shall put an ...

Apr, 28 2017


RUSSIAN GOVERNMENT PROHIBITS STATE AUTHORITIES TO DEMAND A ROW OF DOCUMENTS

According to new document, to receive public services individuals shall not submit information if state authorities already have it.State officials shall ...

Apr, 28 2017


COMPANY WITH ONE OWNER CAN BE REGISTERED AT THE BANK

As experiment, started from November 1, clients of Sberbank and VTB will be able to register limited liability company or individual ...

Apr, 28 2017


RUSSIA HAS LIFTED UP FROM 51ST TO 40TH PLACE IN DOING BUSINESS RANKING

The Doing Business Ranking reflects welcoming environment for making business in different countries worldwide.In 2013 Russia was on the 92nd place ...

Apr, 28 2017


THE RATES OF SIMPLIFIED TAXATION SYSTEM CAN BE REDUCED

Russian State Duma considers draft law providing reduction of simplified taxation tax rates:tax base is income, the rate is set at ...

Apr, 28 2017


WEEKENDS AND HOLIDAYS IN 2017

Russian Government established the following transfer of weekends and holidays in 2017:– from Dec-31 till Jan-8 (9 days);– from Feb-23 till ...

Apr, 28 2017


EXPANSION OF INFORMATION LIST FOR OBLIGATORY DISCLOSURE BY LEGAL ENTITIES

Since October 1, 2016 the list of information for obligatory disclosure by legal entities in the Unified State Register of on ...

Apr, 28 2017


CERTIFICATE OF INCORPORATION OF LEGAL ENTITIES WILL BE ABOLISHED

According to the order of the Federal Tax Service dated September 12, 2016 certificate of state registration of legal entities and ...

Apr, 28 2017


WHEN THE COMPANY SHOULD PAY THE BONUSES?

According to the amendments to the Labor Code, since October, 03 2016 employers are obliged to pay the salary not later ...

Apr, 28 2017