Blog
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.
In order to create a common structure and merge several companies into one enterprise, the legislation provides for a reorganization procedure. It is carried out in the form of a merger or acquisition. In the international market, such mergers are called M&A transactions, as a result of which the business reaches a qualitatively new level.
Usually, a license agreement is concluded when the parties “share” certain rights, for example, the author of a technical project or industrial model – transfers the rights to use the results of his intellectual activity to others in exchange for a certain reward.
Many companies and entrepreneurs need legal support or advice. Especially if there is no internal legal department, then it is necessary that the terms of contracts and agreements are reviewed by a third-party specialist. If the business gets involved in litigation, attorney services may be required even with having full-time lawyers. In any case, the company or individual entrepreneur pays for the assistance of a third-party specialist, and attorney services in accounting are reflected in a certain way.
There may be disagreements between employees and employers. For example, because of the salary, schedule and working conditions. If such conflicts affect not personal, but working relationships, the law considers them to be labour disputes.
Due diligence procedure is one of the tasks of a comprehensive study of business: an audit in the course of due diligence helps to strengthen relationships for a large-scale transaction between counterparties. Also due diligence, as a rule, is applied in the case of the acquisition of a business or any large objects (for example, land or real estate).
A limited liability company is a form of business organization. It is established by one or more founders from among individuals or legal entities. The percentage of ownership is determined by the share in the authorized capital of the company.
The authorized capital is the minimum amount of property that guarantees the interests of creditors, contributed by one or more founders to the company’s account. If there is only one founder in the company, then when it is registered, the entire amount of the authorized capital is paid only by him. If there are several founders in an LLC, then the authorized capital is paid by them in accordance with the shares determined by minutes on the establishment of the LLC or the founding agreement.
At any time, in any country, in any company, a conflict between an employee and an employer may arise, and the reasons for that are rather different. In this situation, both sides seek to protect their own interests using any available legal means. As a rule, the violations of the laws and regulations by one side, misunderstanding of the situation, or some communication errors are the most common causes of conflicts. But in any case, whatever the reasons are, the search for a solution always means the work of specialized lawyers. These specialists can consult both parties and try to find such a solution to the conflict that eliminates the need to bring it to court, but if in case a dispute is being considered before court, lawyers represent their interests there.