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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…
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…
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…
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…
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,…
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.
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,…
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…
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…
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…
2024 is the year of global changes in the simplified taxation system (STS), which will affect both entrepreneurs and organizations. During the first year of the single tax payment and the single tax account, a transitional period was introduced, within which it was allowed to use payment documents as a…
A new amount of state fee for accreditation of branches and representative offices of companies will be introduced for companies from the states of the Eurasian Economic Union. Now it is 4,000 rubles (40€). Previously, the amount of the fee was 120,000 rubles (1,200 €). The EAC include 5 countries:…
Organizations and individual entrepreneurs engaged in professional commercial activities can choose the most appropriate tax regime that best suits the structure of the company’s activities. A simplified taxation system is one such option. The simplified taxation system, abbreviated STS, is a special taxation system for enterprises and individual entrepreneurs. Under…
Now, in order to receive certain types of subsidies, the authorities will be required to introduce artificial intelligence into their business processes. This should increase the demand for developments in the field of artificial intelligence and help in its development in various fields. According to statistics, within three years the…