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How long a foreigner can stay in Russia depends on his visa or visa-free entry rules. Although for some countries these rules are more than favorable, if you want to live continuously in the Russian Federation for a year or longer, you need a special document: residence permit. It confirms your right to stay permanently in the country, as well as to freely move within Russia and cross its border.
Liquidation of an LLC is a process of voluntary or forced closure of a company, which involves a complete shutdown of the company, including staff reduction, shutdown of production and any other activity, completion of settlements with counterparties. Dismissal of employees is the termination of employment relations between an employee and an employer at their own request, by agreement of the parties or on the occasion of other circumstances provided for by the Labor Code of the Russian Federation.
Liquidation of represen are the forms of separate subdivisions stipulated by Russian law. They are situated outside the main location of the company, but branches and representative offices are not synonymous. According to the Civil Code, they have fundamentally different functions, which are detailed in Article 55 of the Civil Code.
Cancellation of decision on liquidation of legal entity is procedure provided for by legislation of the Russian Federation. It is possible to stop winding up of commercial organization at any stage, but only until the moment when changes are entered into register.
Each company must maintain accounting, as well as submit accounting and tax reporting regularly. But sometimes for some reason, accounting and tax accounting was not kept or was maintained incorrectly. Then you should appeal to companies, offering accounting restoration services in order to make your enterprise operate normally again. When…
Compulsory liquidation of a company is a process of closing a company initiated not by the managers or founders of the company. Simply put, the procedure is initiated by third parties, usually tax authorities or creditors. The procedure for compulsory liquidation differs from voluntary liquidation, when the founders themselves are the initiators of the closure of the LLC.
Foreigners who want to permanently live in the country draw up such a document as a residence permit for the Russian Federation 2022. It has no time limits, so the official permit does not need to be renewed periodically. At the same time, this document gives the holder an almost complete list of rights that Russian citizens have, with a few exceptions. Such document is mostly drawn up on the basis of a temporary residence permit, but there may be exceptions.
From January 1st, 2025 the Law on the Legalization of International Documents has entered into force, adopted in the summer of 2024. The law regulates the procedure for the legalization of Russian official documents intended for export abroad, as well as foreign official documents intended for import into Russia. List…
Liquidation of a legal entity is a procedure provided for by law in order to terminate activities without transferring rights and obligations to other persons. Termination of the operation of an enterprise that is registered as a legal entity is a process, each stage of which is regulated by the legislation of the state. In case of its violation, the procedure may be delayed for a long time or come to a standstill, which is not beneficial for the owner of the company, and also threatens with various fines.
International tax planning helps to avoid tax payments to the state budget or to reduce their amount within the scope of law. These actions consist in the rational organization and conduct of business, so that there is no need to pay additional fees and taxes. Budget payments should be planned already at the stage of creating a commercial company or when it reaches the international level.
A foreign citizen can stay in Russia only on the basis of particular documents. If visit to the country is short, a passport, migration card or visa is enough. But for a long stay, a temporary or permanent residence permit is required. Most foreigners who work in Russia tend to…
Investments are cash, securities, real estate and rights to other property that are acquired to make a profit, preserve assets or other benefits of the investor. Accordingly, the process of acquiring assets can be called an investment activity.
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.
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.
