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Since January 11, 2023, the criteria for obtaining a residence permit for foreigners investing in Russia have been approved. A foreigner must meet one of the following criteria: 1) Investment of at least 15 million rubles in projects of social significance over the past 3 years. 2) An investment of…
Migration registration includes state activities for collecting, storing, summarizing information about visitors. Registration in the migration authority is a mandatory procedure to every foreigner who comes to Russia, the exceptions are not provided. Unless for some categories of visitors there is a standard registration period of 7 working days, and for other categories the law provides for a longer period.
At the moment, there is an amnesty of capital, which will help to amnesty foreign assets. If a citizen has not previously reported about his property, accounts, companies, then now he can submit information to the tax authorities and he will be released from any liability. This measure is a…
Blockchain is an encrypted database containing information about all transactions of its participants. Contrary to popular belief, blockchain is not used only for conducting operations here and now. For example, the system can fix an obligation to transfer property or perform work in the future, that is, fix an option…
The demand for cryptocurrencies is growing and talks about regulating these assets continue. The central bank adheres to a conservative position on this issue and previously proposed to completely ban the circulation of cryptocurrencies in Russia, but later changed its position. In 2022, after the introduction of sanctions, disputes about…
An equity joint venture (EJV) is an agreement between two companies to enter into a separate business venture together. The business structure for an EJV is a separate limited liability company (LLC). This shields each partner and business from liability. Each partner participates in gains and losses according to the percentage equity ownership they have in the joint venture. The purpose of the EJV is to diversify risk, provide capital-raising opportunities, reduce barriers to entry and create economies of scale while establishing a definitive time the joint venture exists.
Every year more and more Russians come to cryptocurrency. According to experts, by January 2022, the amount of assets of Russian citizens in the crypt amounted to about 2 trillion rubles. Such volumes obviously attract the attention of the Ministry of Finance and the Tax Service, but the law on…
It is planned to create a document taking into account the opinions of market participants and submit it for discussion to the Cabinet of Ministers and the Central Bank. The parliament was engaged in the formation of draft amendments to the laws for the launch of the national crypto exchange…
On December 01, Valentina Khlavich, managing partner of Valen Group, will become a speaker at the conference «Law firm management». At the event, Valentina will talk about the strategy for solving operational issues in the field of marketing. Conference details here: Conference program Management of a law firm (arbitration.ru)
The United Arab Emirates market opens opportunities for entrepreneurs from all over the world who are not only doing business with the UAE but have relocated production to the country in full. In this article, we will look at the reasons for the UAE’s investment attractiveness. The first reason is…
Before you start working with a customer, you should create a service agreement to ensure that you both have the same expectations regarding the work to be done, costs, and other aspects of your working relationship. When you wish to exchange something of value, such as services or intellectual property, for monetary or other payment, knowing how to construct a contract for services is critical. A service agreement is a written contract that is entered into between a service provider and a client. It specifies the work to be done as well as the roles and duties of both parties in having the task done and paid for. A service agreement provides time periods for commencing and completing the task, extra due dates if necessary, and other processes and details involved in the project.
A transaction always involves two parties: a buyer and a seller. Finance professionals commonly describe their positions as being on the buy and sell side of M&A. As with many finance languages, what this means depends on the situation. In the financial industry, these are referred to as the buy-side and sell-side, respectively. As an acquisition and mergers investment manager, you do 2 factors: one presents your bank to potential clients and earns business from them through buy or sell-side Mergers and acquisition, and the other executes the agreements offered by these customers. Let us examine the distinctions.
Any type of business comes with an inherent risk, and as the firm expands, the risk gets greater and might come from unexpected places, which is why risk management software should be considered. This type of software can assist you in determining what might happen next and how to position yourself to avoid damage to your organization or adapt to a new circumstance.
The process of changing the head is formalized by the decision of the sole participant, in the event that there are 2 more founders, a protocol on the change is drawn up. The procedure for changing the head by the sole founder. The sole participant issues a decision on the…
In accordance with the current legislation, it is necessary to send a notification about the opening and closing of a bank account abroad. Russia exchanges data with the tax authorities of 79 countries. Thus, the tax inspectorate can receive information about foreign accounts of citizens. The easiest way to notify…
