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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.
Administrative liquidation of a legal entity is a multi-stage procedure that is performed by decision of a tax authority. It is regulated by the legislation of the Russian Federation, violation of which may lead to refusal on company’s termination.
The procedure for the termination of the company is regulated by law at each stage. Not only the owners of the company can dissolve a company: this process can also be initiated through a judicial proceeding. However, for any company, non-judicial liquidation of a legal entity is the best outcome, since it does not involve additional risks for the reputation and finances of an enterprise.
The rise of remote work has created opportunities for foreign employers to tap into Russia’s highly skilled workforce. However, along with these opportunities comes the responsibility of navigating complex tax regulations.
In today’s interconnected world, hiring remote employees in Russia offers foreign companies access to a highly skilled talent pool. However, remote work laws in Russia present unique challenges that must be carefully navigated. Understanding local regulations is crucial to avoiding legal pitfalls, ensuring compliance, and fostering a successful working relationship with your Russian remote team.
Corporate conflicts are various disagreements that arise between the participants, investors, shareholders and managers of an LLC on the basis of restrictions on the rights of certain entities.
From 1 March 2025, limited liability company (LLC) law will undergo significant changes in relation to the conduct of general meetings. The introduction of Article 37.1 of the LLC Law will legalise and detail the procedure for remote meetings and make it much easier to organise and participate in them. …
