Blog

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
The government has relaxed the requirement for foreign exchange transactions.

On August 22, the Commission of the Government of the Russian Federation for the control of Foreign Investments decided to remove the restriction on the crediting of dividends or the distribution of profits by shares and shares in Russian LLC and JSC, cooperatives to the settlement accounts of foreign banks….

Aug, 24 2022
Possibility to pay for Valen services with a foreign bank card is available again

Now, as before, our clients can pay with their foreign bank card. After confirming scope of work, we will send you a link for payment. You will be charged the amount in the currency of your card at the exchange rate of the US dollar of the card issuing bank….

Aug, 22 2022
The concept of NFT will be legalized.

The concept of NFT may soon appear in the law. Such a measure will protect the rights of holders of non–interchangeable tokens – NFT. An NFT (non-fungible token) is a non-interchangeable or unique digital accounting unit for a unique object. Such a token can be assigned to an image, video,…

Aug, 18 2022
How foreigners implement their business in the Russian Federation.

Business leaves Russia mainly through the conclusion of mergers or acquisitions of companies. Many companies announced in March their desire to reduce investments in the Russian Federation, at the same time, the actual projects implemented are no more than 50 percent of the announced ones. This trend shows that many…

Aug, 10 2022
The Ministry of Economic Development has introduced legislative amendments to regulate the NFT.

The Ministry is going to amend the law to regulate the NFT (immutable token) in the regulatory process. At the moment, the current legislation does not contain the possibility of issuing NFT, regulation, turnover and protection of token buyers, as well as their attitude to intellectual property rights. It was…

Aug, 03 2022
Cancellation of Covid restrictions: rules for the entry of foreign citizens / exit of citizens of the Russian Federation.

The Ministry of Foreign Affairs has clarified the entry rules for foreigners in connection with the lifting of Covid restrictions. In addition to a passport and a valid visa, a PCR test with a negative result is also required. Now, from 07/15/2022, foreigners can enter Russia without additional restrictions on…

Jul, 27 2022
From July 1, 2022, new laws will come into force in Russia.

Let ‘s list a number of legislative innovations: 1. An online database of malicious traffic violators is launched. 2. Companies and individual entrepreneurs will be able to use the new procedure for paying taxes, fees, insurance premiums, penalties, fines by transferring a single tax payment to the state budget. Also,…

Jul, 07 2022
Cancellation of all restrictions on entry into Russia.

From July 15, 2022, all previously imposed restrictions on border crossing related to coronavirus will be lifted in Russia. Government Orders No. 635-r of March 16, 2020 and No. 763-r of March 27, 2020 are cancelled. Prior to that, on June 14, restrictions on the entry of foreigners into Russia…

Jul, 06 2022
Parallel import: what will be the price of goods now?

The Ministry of Industry and Trade has compiled a list of goods that can be imported into the Russian Federation through parallel imports. Recently, retail has faced a shortage of brands, the import of which was banned in Russia. Many people are still mistaken that parallel and gray imports are…

Jun, 29 2022
It will be easier to get zero export VAT

The bill also provides for the possibility of VAT exemption for individuals. Deputies are considering a bill that will simplify the receipt of a tax deduction in the form of a zero VAT rate for exporters of Russian goods. A taxpayer who intends to receive zero export VAT is obliged…

Jun, 22 2022
Obtaining a residence permit in Russia for foreign IT specialists will be simplified.

The Parliament approved a draft law on simplified obtaining a residence permit for foreigners working in the field of information technology. This will affect employees of Russian companies accredited in the Ministry of Finance. To obtain a residence permit, such foreigners will not need to issue a temporary residence permit….

Jun, 22 2022