Blog

Сonference «Law Firm Management»

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)

Nov, 23 2022
Business in the UAE: is it worth starting?

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…

Nov, 23 2022
The procedure for changing the head of the LLC in 2022: features

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…

Nov, 16 2022
Reporting on the opening of foreign accounts

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…

Nov, 09 2022
EDS for foreign managers

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…

Nov, 02 2022
Who can be held vicariously liable in case of bankruptcy of the company

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…

Oct, 26 2022
Relocation of business in the UAE.

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…

Oct, 19 2022
Deferral from mobilization for employees of IT companies

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…

Oct, 12 2022
The business was exempted from inspections in 2023

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…

Oct, 05 2022
What to do if the CEO leaves the country?

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…

Sep, 28 2022
Cryptocurrency can be included in the Civil Code

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…

Sep, 21 2022
Sales to foreign clients in 2022

Valen Managing Partner will host a webinar at 18.30 оn October 4. The topic of the webinar: Sales to foreign clients in 2022 During the webinar we will discuss: – What has changed in such sales – everything? Or is it still not? – Have foreign clients and the foreigners…

Sep, 19 2022
Subsidies for companies in 2022.

The government offers a list of measures to support both existing and long-established businesses. Assistance from the state is as follows: Support for travel companies in 2022. The government allocates funds to travel companies, which can be spent on the development (development) of tourist routes, the construction of eco-hotels and…

Sep, 14 2022
Legislative novelties of September 2022

Advertising on the Internet Amendments have been made to the law on advertising. From the first of September, the user is obliged to notify Roskomnadzor about the placement of advertising on the Internet. Otherwise, he faces a fine. Consumer protection The law on consumer Protection has been changed, now the…

Sep, 07 2022
New partner appointed at Valen

We have great news – Eduard Ioffe, head of Valen’s legal department, has become a partner of the company. On behalf of the entire team, we would like to congratulate  Eduard.

Sep, 01 2022
In Russia, the process of voluntary closure of the company will be simplified

The Government of the Russian Federation has introduced a bill that simplifies the process of closing a business – it will be enough to apply then the company will be liquidated by the tax inspectorate. The purpose of the law is to free the owners of an inactive business from…

Aug, 31 2022