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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…
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…
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…
Foreign business leaders, as well as residents of the Russian Federation, use EDS when interacting with tax authorities and signing contracts with clients. Foreigners have the right to receive an EDS by virtue of the provisions of Article 18 “On electronic signature”. What functions does the EDS perform? A foreign…
If the debtor organization cannot meet its obligations, then the persons exercising control over the company may bear subsidiary responsibility. The amount of subsidiary liability is the amount of creditors’ claims. The person controlling the debtor organization is considered to be a legal entity or an individual who has the…
There are fewer suitable options left for moving a business to another country. The UAE is one of the most popular business destinations. Consider the pros and cons of relocating a business to this country. Positive: – There are no taxes on capital gains, wages and profits. VAT in case…
Question: If a person works in an accredited IT company, is it important what his specialty is by education? Answer: To apply for a deferral, a specialty from the list is needed. The Ministry of Finance has identified a list of specialties and areas of training for representatives of IT…
In the future, in 2023, scheduled inspections will be carried out only in relation to organizations whose activities belong to the extremely high and high-risk categories. Also included in the inspection are hazardous production facilities of hazard class II and hydraulic structures of class II. Please note that these checks…
The CEO of the company is the executive body and the main representative of the company. In his absence in the country, the company’s activities often become impossible – he is the only person entitled to act on behalf of the company without a power of attorney and, as a…
The Russian authorities may grant businesses the right to conduct international operations with cryptocurrency in 2023. The main information about the innovations is still unknown, for example, it is not clear whether the concept of cryptocurrency will be included in Civil legislation. This definition would be able to distinguish cryptocurrency…