Latest News

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


SUITABLE CONTRACT WITH REMOTELY WORKING FOREIGN CITIZEN

What contract is appropriate to sign with remote working foreign citizen?The first thing that is to be done is clarifying what ...

Apr, 28 2017


SINCE DECEMBER, 21 2016 COMPANIES WILL BE OBLIGED TO DISCLOSE INFORMATION ON BENEFICIAL OWNERS

On  June, 07 State Duma has adopted the law, that oblige companies to disclose information about its beneficial owners. Under beneficial ...

Apr, 28 2017


THE FIRST COMPANY WAS FINED FOR BREACHING THE CONTROLLED FOREIGN COMPANIES’ LAW

ince 1 January 2015, Controlled foreign companies’ law came into force. Under the law Russian tax residents and interested persons, that ...

Apr, 28 2017


NEW FEDERAL LAW ESTABLISHES THE TERMS FOR SALARY PAYMENT

On 3 October, new Federal law dated 3 July 2016 will come into force. This law make amendments to the Russian ...

Apr, 28 2017


LEGAL ALERT – NEW STATE FEE PAYMENT DETAILS

Please, be aware that the state fee payment details for obtaining work permits have changed.Receipts for payment of the state fee ...

Apr, 28 2017


REFUSALS FOR ACCREDITATION

On 1 July 2015, the procedure of approaching the Russian market by the foreign companies in the way of creating branches ...

Apr, 28 2017


MINISTRY OF LABOR OF RUSSIAN FEDERATION: EMPLOYERS PROVIDING SERVICES ARE OBLIGED TO ESTABLISH THE WORK SAFETY SERVICE

According to the applicable labor law, if the headcount of the company is more than 50 employees, then the employers are ...

Apr, 28 2017