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How to prepare and conduct the annual general meeting of LLC – 2024

The annual meeting in 2024 may be held in person, remotely or in absentia. In order to decide on the form of meeting that is suitable for society, you can evaluate their pros and cons with their risks. To this end, refer to the following criteria. Are special provisions needed…

Feb, 28 2024
How to cancel the registration of an LLC

Sometimes the founders of companies decide at the last moment to refuse to register a company. In this case, there is a procedure that allows you to do this even after sending the documents to the registration authority. The following steps must be taken to cancel registration: Form P11001 is…

Feb, 21 2024
The Cabinet of Ministers may simplify the registration of companies for individuals from unfriendly states

The issue of simplifying the conditions necessary for registration of legal entities in the Russian Federation by foreigners from unfriendly states is being actively discussed. At the moment, such investors need to obtain a decision from the government commission. The authorities believe that the state needs to attract investments nowadays….

Feb, 14 2024
The Cabinet of Ministers approved new rules for the legalization of foreign documents

A bill on simplifying the process of legalizing foreign documents has been submitted to the State Duma. Thus, it will be possible to confirm the authenticity of documents in 40 more regions besides Moscow. Namely, where there are territorial divisions of the Ministry of Foreign Affairs. The new bill proposes…

Feb, 07 2024
The Federation Council is discussing the introduction of AI into judicial activity

The authorities are preparing amendments to the Arbitration Procedure Code and the Code of Administrative Offences to improve the work of the judicial system. After the discussions, the authorities unified all the collected proposals and sent them for further consideration. In addition, the authors will separately consider the possibility of…

Jan, 31 2024
USN: payment procedure

Russian legislation offers two options for a simplified taxation system (STS) – 6 and 15 percent. USN is very convenient and beneficial for business: no need to pay VAT and income tax. accounting is reduced to a minimum. reporting once a year. In this article, we will take a closer…

Jan, 25 2024
The moratorium on unscheduled and scheduled inspections of many legal entities and sole proprietors has been extended for 2024

In 2022, a moratorium on unscheduled inspections of businesses by supervisory authorities was introduced. The government has extended this measure for 2024 – inspections will be carried out on a reduced number of grounds. This norm is aimed at business development and overcoming anti-crisis measures. An unscheduled inspection can be…

Jan, 17 2024
The mechanism of parallel import was extended for 2024

The government has decided to extend the parallel import mechanism for the next 2024, however, the list of imported goods under it will be consistently reduced. The authorities report on perpetual work to adjust both manufacturers and nomenclature, according to which Russian legal entities reach the set amount and quality…

Jan, 10 2024
In 2024 salary of HQS will change

A number of amendments have been adopted to the migration legislation, which relate, in particular, to the regulation of the work of highly qualified foreign specialists (HQS). Thus, starting from March 1, 2024, the salary of a highly qualified specialist will be increased and calculated quarterly. Based on the amendments,…

Dec, 28 2023
HR Due Diligence in Mergers and Acquisitions: Unlocking Strategic Insights

In the intricate landscape of mergers and acquisitions (M&A), HR due diligence serves as the linchpin for informed decision-making. It goes beyond financial and legal evaluations, providing a comprehensive assessment of the human capital within both the acquiring and target companies.

Dec, 28 2023
The Real Estate Lawyer: Navigating the Legal Landscape of Property

In the realm of property transactions, the role of a real estate lawyer is paramount. These professionals serve as the linchpin between buyers, sellers, and the legal intricacies governing real estate.

Dec, 28 2023
Investors will be able to sell blocked assets to non-residents

The Bank of Russia has approved new rules for the sale of foreign securities by Russian investors in order to facilitate the process of exchanging blocked assets for Russian money. These rules apply to securities deposited in the National Settlement Depository. Bidding will begin after approval by the Government Commission,…

Dec, 27 2023
A new agreement on the avoidance of double taxation has been signed

The State Duma has approved the conclusion of an agreement on the avoidance of double taxation with Oman. Now all persons and companies registered in Russia or Oman will be taxed only in one of these countries.  The document has been in development since 2001, but its ratification was suspended…

Dec, 22 2023
The digital ruble is included in the Tax Code

The digital ruble is a new monetary form that has appeared relatively recently in the currency space. It is being created in order to become another means for payments and transfers that will not depend on the restrictions of banks in the form of commissions and limits. In the summer…

Dec, 20 2023
How to arrange the withdrawal of a foreign founder from an LLC

There are certain rules for the withdrawal of a foreign founder from an LLC. There are two options: 1. the withdrawal of a participant from an LLC assumes that his share passes to other participants or to the company itself (if the very possibility of withdrawal is provided for by…

Dec, 14 2023
Unveiling the Essence of Legal Advice: Necessities and Inclusions

In the intricate landscape of laws and regulations, seeking legal advice stands as a cornerstone for individuals and businesses alike.

Dec, 08 2023