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The contract of delivery formalizes the purchase of goods for subsequent resale. Each supplier knows the problems with supplies and the subtleties of this activity, so each of them has its own form of contract.
There are various ways to terminate a company’s operation: through reorganization and liquidation of a legal entity. The first method involves the transformation of the business: its merger, division, separation, joining. The second method – liquidation – implies the exclusion of the company from the state register. At the same time, it does not transfer rights to another company and divides net assets between participants.
The state regulates the relations between the employer and the employee through legislative acts. The highest force of them after the Constitution is endowed with the Labor Code of the Russian Federation. It defines an employment contract as an agreement between an employer and an employee, which regulates their relationship during the validity period of the document. The employer undertakes to provide the second party with the place, means and conditions for carrying out the activities stipulated in the agreement. For the implementation of the functions prescribed in the contract, the employer must transfer funds (remuneration) to the contractor in compliance with the terms and scope.
Setting up a joint venture abroad is a relatively new way of doing business with a foreign counterparty. When one of the business participants is a foreigner, this creates additional difficulties. The question arises how to manage a common business, how to distribute risks and profits. Creating a joint venture is one of the ways to effectively resolve all these difficult issues and resolve them to mutual benefit.
A joint venture (JV) is a special form of business organization created by investors from various industries, countries or different business verticals. The bottom line is that each of the participants attracts assets to the creation of the business, has the right to profit distribution, but is also responsible for possible risks. Thus, a joint venture allows you not just to be partners for income distribution, but to set much more significant goals.
A residence permit in Russia gives many advantages to a foreign citizen living in our country. This also applies to the ability to work without the need to issue permits. However, when applying for a job, a foreigner with a residence permit must consider not only the need to collect a package of necessary documents, but also the taxes that the employer will calculate and transfer to the budget.
The foundation agreement and the agreement on the creation of an LLC are two different things. The agreement on the creation of LLC was first applied in early June 2009, making it a replacement for the constituent agreement of an LLC. Such changes occurred due to the appearance of a new law adopted on December 30, 2008 and finalized on December 17 of the following year, called “On Amendments to Part One of the Civil Code of the Russian Federation and Certain Legislative Acts of the Russian Federation”.
The reason for closing a business may be a financial collapse, changes in the industry, or simply the desire of the owners. For the actual termination of the company’s activities, it must be liquidated: officially delete information about the company from the state register. This is a multi-step process that can take even longer than business registration. The procedure for the liquidation of a legal entity and the liability of the owners associated with this procedure depends on the legal structure and financial situation.
Supreme Court of the Russian Federation (SC RF) – is a judicial body of the highest instance for consideration of cases in any category civil, administrative, criminal and military. The peculiarity is expressed in the fact that the decisions and acts adopted by the Presidium cannot be appealed to any other judicial body, and the dispute that was heard by the panel of judges is not subject to appeal.
A limited liability company (LLC) is an economic and commercial enterprise organized by one or more founders – individuals or legal entities, whose authorized capital is divided into shares. The peculiarity of such an organizational form is that the risk of losses will be within the value of the shares or shares owned in the authorized capital of the company.
A residence permit is a document that grants a foreigner the right to live in Russia for a long time. Unlike a temporary residence permit, it is perpetual. Of course, when the migration service does not initiate the procedure for its cancellation, a residence permit gives a foreigner most of…
Taxation of foreign company income from services in Russia is a complicated question which requires detailed review of accounting and legal bases. This article provides information about taxation of foreign company income from services. Also, basic legal norms will be analyzed, and the conclusion will be made according to regulations.
The sale of shares in an LLC to foreigners or companies requires careful preparation. Any transaction related to the sale of a company or its parts involves a waste of time, careful preparation of documents and study of pricing and the market. In this article, we will take a detailed look at how to make a deal to sell assets to foreigners.