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The Constitution of the Russian Federation guarantee all citizens the right to freely dispose of their own abilities to work, to choose their field of activity and profession. The Constitution prohibits the use of forced labor. In addition, the Constitution establishes a provision that guarantees every working citizen the right to rest.
As part of the general approach, the determination of the personal income tax rate is greatly influenced by the tax status of an individual – whether a person is a tax resident or not. At the same time, there are a number of nuances for the taxation of foreigners in 2023.
Kazakhstan is one of the most popular destinations for relocating your own business from Russia to another country. Recently, such a step has become especially relevant for companies working in the field of international trade – exporting and importing goods from or to the Russian Federation, as well as looking for a reliable territory for transit.
A merger is the process of merging two or more companies into one new legal entity. At the same time, it does not matter how the merger took place: through the termination of the existence of the old company or through the transfer of assets to the created LLC. A takeover is, in essence, the joining of assets of one company to another. In this case, the rights are transferred from one LLC to another. The business strategy involves the purchase of a third-party company for funds, taking into account the repayment of possible debts of the redeemed organization.
Non-resident is an individual who lives in the country for at least 183 days a year but is not a citizen. As a rule, these are foreigners, sometimes we are talking about stateless people. The basic law that governs the activities of non-residents is Federal law «Concerning the Legal Status of Foreign Citizens in the Russian Federation». It does not provide for significant restrictions on entrepreneurship.
Civil procedural legislation gives every citizen the right to take part in court proceedings personally or to use the services of a representative. Any capable person is allowed to act as a representative during the civil process, provided that the powers are duly executed. The arbitration procedural legislation provides identical conditions.
The growth of the Russian mergers and acquisitions market was once ensured by major transactions in the oil and gas industry. So far, this sector attracts domestic and foreign investors, the situation was not affected even by the slowdown in economic growth in 2019. At the same time, the Russian market of mergers and acquisitions remains one of the most effective tools for business development. Such transactions help, to expand the business, increase its profitability and competitiveness. Often, deals are concluded by companies that have their own resources to expand production or invest in development. However, the results of M&A transactions are influenced by factors such as the quality of planning, optimization of financing, analysis of the internal and external environment of the company. Before finalizing the transaction, it is important to identify the weaknesses of the business and assess the prospects for its development. It is equally important to understand the special features of the local market.
In the process of doing business, the business owner may face the question of selling it for one reason or another. It is worth saying that in the process of selling business it is the whole process of company’s business activities for profit that makes up the object of the deal, and not the particular property of a company. It is the entire complex of equipment, products and established business processes that is transferred during the sale.
Today, many companies choose the path of creating joint ventures in order to reduce risks and increase the efficiency and competitiveness of their business. Despite these advantages, the consolidation of a joint venture is a complex and multi-level process that needs to be considered in detail from different points of view.
Migration registration of foreign citizens and stateless persons in the Russian Federation is state activity for recording and summarizing information about foreign citizens and their movements, carried out for the purpose of developing and implementing state migration policy, as well as for conducting state statistical monitoring in the field of migration. Migration registration is of notification nature and includes registration of foreign citizens at place of residence and registration of them at place of stay.
