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Temporary residence permit or TRP is a document which officially entitles foreigner to live and work in Russia within specified period of time. Obtaining of TRP can be a step on the way to obtaining permanent residence permit or citizenship. However, for many foreigners, this document is the best way to legalize their stay in the country. It is suitable for cases when you do not plan to connect your life with Russia for a long time.

Foreign citizens who want to stay in Russia for long period of time should obtain some necessary documents. In some cases, they can apply for permanent residence permit straight away which allows to stay in the country unlimited period of time, work and do business there. However, most migrants can usually apply only for temporary residence permit first of all.

Russia is one of the most engaging markets for investors all over the world. The set up of investment company here can give a lot of opportunities to be a part of different economic sectors in Russia and obtaining high income.

The procedure for the termination of the company is regulated by law at each stage. Not only the owners of the company can dissolve a company: this process can also be initiated through a judicial proceeding. However, for any company, non-judicial liquidation of a legal entity is the best outcome, since it does not involve additional risks for the reputation and finances of an enterprise.

Generally, the parties – legal entities and individuals – participate in the trial. Citizens have the right to independently represent their interests, and legal entities are represented by the director – “a person who has the right to act without a power of attorney.”

Providing growth of country’s GDP mostly falls on shoulders of business community, but, how practice shows, not in all cases government is ready to protect business-subjects, gives guarantee of absence administration barrier in conducting business or shield from unreasonable claims from tax authority, MIA and investigation authorities.

When opening a company together with one or more foreign partners, there are nuances related to management, participation, distribution of profits and risks. Establish joint venture is one of the most relevant ways of international business cooperation.

Contents: How much does it cost to register a company in Russia? Legal address Authorized capital Payment account Production of the organization’s seal and EDS Installing the cash register License for certain activities Other expenses The cost of opening a company in Russia can vary significantly depending on various factors,…

The mergers and acquisitions are one of the most effective tools for business development. M&A deals help to expand the business, improve its production indicators, and enter new markets. In addition, mergers and acquisitions increase the competitiveness and increase the profitability of the business. However, such transactions are often carried…

Corporate conflicts are various disagreements that arise between the participants, investors, shareholders and managers of an LLC on the basis of restrictions on the rights of certain entities.

The results of intellectual activity are objects of exclusive, as well as other rights that are protected by the state. The protected list of such objects includes a wide list of names, including scientific and artistic works, photo and video images, software, databases, television messages, inventions, breeding achievements, developed technologies, trademarks and commercial designations.

Establishment of the company with using foreign capital is the important factor in economic development and in foreign investments attraction. This step will produce significant prospects and benefits both for the country, which start the opening process, and for foreign investors.

The legislation guarantees every citizen of the Russian Federation the right to participate in the judicial process, this can be done personally or through his representative. This is regulated in detail in the rules of arbitration and civil procedure law.

The government has decided to extend the parallel import mechanism for the next 2024, however, the list of imported goods under it will be consistently reduced. The authorities report on perpetual work to adjust both manufacturers and nomenclature, according to which Russian legal entities reach the set amount and quality…

Currently, the result of companies’, individual entrepreneurs’ or individuals’ activities can be not only directly tangible assets or services, but also objects of intellectual property. The rights to such objects are called copyrights. By copyright we mean intellectual rights to works of science, literature, art, computer programs and databases. The objects of copyright are books, articles, films, musical works, works of painting, design, photography, etc.

When entering into a refit contract, it is important to make sure that each clause of the agreement does not contradict the law, and the rights of the parties are not infringed. The examination of the contract will help in this.