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In the realm of corporate structures and business relationships, the concept of a subsidiary company holds significant importance. A subsidiary company is a cornerstone of corporate strategy, providing avenues for expansion, risk mitigation, and organizational diversification.
The Federal Law “On Electronic Signatures” has been amended and the rules for the use of electronic signatures have been updated. The use of qualified employee certificates by legal entities has been extended until August 31, 2024. However, since September 1, 2023, accredited certification centers cannot issue these certificates for…
Vladimir Putin has frozen almost half of the tax agreements currently in force. However, due to the partial nature of the cancellation of tax agreements, the consequences of these amendments will affect essentially only legal entities. In accordance with the adopted amendments, almost all payments in favor of foreign companies…
Our company was established in 2012, 8th August. We leaved behind 11 cool years – and more achievements and succsses lie ahead. Follow us in Instagram valen_group and in Telegram https://t.me/valengroup. There are many intresting facts about company life
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…
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 liabilities and distracting key executives from core business operations.
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…
