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From August 1, an electronic visa system for citizens from 55 countries of the world will start operating in Russia. An e-visa does not require invitations or confirmations from the host party, it is not necessary to be present in person, and the waiting period is up to 4 days….

In September 2023, a pilot project of online business registration will begin. The authors of the project are also considering the possibility to remotely select a bank for a corporate account and issue an EDS. The project will be until May 2025, after which, if it becomes successful, it will…

The President and the Government of the Russian Federation have decided to start issuing electronic visas for entry into Russia. Initially, the list of countries whose citizens will be able to apply for electronic visas was 52 countries: Andorra, Austria, Bahrain, Belgium, Bulgaria, Vatican City, Hungary, Germany, Greece, Denmark, India,…

The opening process of LLC for foreign citizens and companies in Russian Federation has always been possible. Nowadays they can act as founders in Russian companies without restrictions. However, persons from “unfriendly countries” are facing number of limitations. We have prepared short-list of the most important questions. Can a foreign…

Contents: Understanding Legal Arbitration Arbitration Provisions in Commercial Contracts Benefits of Legal Arbitration Differences Between Legal Arbitration and Litigation The Significance of Legal Arbitration in the Field of Law Conclusion When disputes arise in commercial contracts, finding a peaceful and efficient resolution becomes essential. This is where the options of…

Contents: Understanding Desired Outcomes Skilled Negotiation: Fast and Cost-Effective Mediation: Bridging Differences Arbitration: Efficient and Structured Resolution Trial: When All Else Fails Conclusion Business-to-business (B2B) disputes are a common occurrence in San Diego. Such conflicts, if not properly managed and resolved, can escalate into significant litigation, exposing companies to contingent…

Contents: What is Corporate Commercial Law? Corporate Law Litigation: Resolving Disputes Corporate law litigation services encompass a wide range of legal activities Corporate Law Services: Assisting Businesses Conclusion Corporate law plays a pivotal role in the legal framework that governs businesses. It encompasses various aspects of business operations, including corporate…

From July 1st, 2023, the portal of Public Services for individual taxpayers will be able to use electronic document management for interaction with the Federal Tax Service (FTS). To do this, it will be necessary to send a notification to the Federal Tax Service about the need to obtain documents…

Russia and the United Arab Emirates are striving to further improve economic relations. At the moment, the countries are agreeing on the main terms of the new tax agreement, but the terms of the new agreement will be less favorable than under similar agreements with Western countries. According to the…

In 2023, both citizens of the Russian Federation and foreigners can open a company in Russia, even if they are citizens of states that are included in the list of unfriendly countries, which is approved by the Government of the Russian Federation. What is necessary to register an LLC: To…

From July 1st, 2023, a simplified liquidation procedure will begin to operate for legal entities that are small and medium-sized businesses. To use the new procedure, the company’s participants must make a unanimous decision and submit an application for exclusion from the register of legal entities. The application can be…

Foreigners and foreign companies can conduct business in Russia in several ways: • registration of a legal entity (separate company); • buying a stake in a business or participating as a co-founder; • opening of a branch or representative office; • registration as an individual entrepreneur; • cooperation with distributors….

Contents: Understanding Business Restructuring Reasons for Business Restructuring Types of Business Restructuring Financial Restructuring Organizational Restructuring Process of Business Restructuring Benefits of Business Restructuring Challenges in Business Restructuring Case Studies Conclusion FAQ Introduction: Business restructuring is a vital strategic process that companies undertake to adapt, optimize, and improve their operational and…

Drafting an agreement contract is a crucial process that requires careful consideration and attention to detail. A well-drafted contract ensures clarity, mitigates disputes, and protects the interests of all parties involved. In this article, we will explore the key aspects of drafting an agreement contract, including its definition, essential components, and best practices.

In the realm of employment, one crucial document governs the relationship between employers and employees – the employment contract. Understanding the intricacies of employment contracts is essential for both employers and employees. This comprehensive guide will explore the key aspects of employment contracts, shed light on employment contract law, and provide valuable insights into their significance in the workplace.

When opening a company, the choice most often falls on a limited liability company (LLC). By opening an LLC, the founders are not responsible for the obligations of the company with their personal property, and it will be enough to deposit only 10,000 rubles as the authorized capital for the…