Blog

Legal address of the company – what’s new

Currently a draft law which will allow to register companies without an office are being prepared.  According to this draft law companies will be allowed to use post office address as a legal address for receiving correspondence. We suppose that post offices will render special services on receiving and keeping…

Apr, 17 2018
Amendments into company registration procedure

Amendments into company registration procedureSoon new law amending company registration procedure enters into force. This process was divided into several phases, despite some amendments are already applicable, the most waited ones will enter into force later. On April 29, 2018:Rules for information exchange with registering authority are specified based on documents…

Mar, 28 2018
New online services at the Federal Tax Service’s website

There were new services at the Federal Tax Service’s website created: Tax resident’s status confirmation This service helps companies in getting of a digital document in PDF format confirming RF taxpayer’s status. Besides that, there is an option of getting this document in paper form.  This confirmation document allows companies to apply necessary…

Mar, 20 2018
Mandatory removal from unified state register of legal entities

Federal tax service reminds on grounds for mandatory removal of companies from the Unified state register of legal entities. The grounds are following: Company has not been providing tax reports for 12 months and there are no current operations on bank accounts;Company is unable to finance liquidation procedures neither itself nor…

Feb, 13 2018
Employment agreement with CEO, frequent mistakes

Chief Executive Officer has enormous number of rights and obligations. However, the issue of CEO Employment Agreement itself is often neglected. We would like to draw your attention to the most frequent mistakes which occur in employment agreements with CEO: The Agreement lacks reference to the decision (minutes) which appointed CEO to…

Feb, 06 2018
Social contributions rates for years 2018 – 2020 have been established

New Law was adopted by the RF State Duma according to which contributions rates to Social Funds for years 2018 – 2020 shall remain. Thus, aggregate amount shall be at the same level of salary 30%:22% for the RF Pension Fund;2.9% for the RF Social Insurance Fund;5.1% for the RF Compulsory Medical…

Nov, 15 2017
Job offer = problems for employer

After successful interviews employers send job offers to candidates – offer of a job prepared in writing, which contains basic information about future job. Employer ought to be maximally careful in preparation of this documents, as incorrect formation of job offer may lead to cost-consuming consequences for employer.  Job offer prepared…

Nov, 07 2017
How to calculate personal income tax while tax residency change

Minfin of Russia has published clarification on how to calculate personal income tax in case an employee becomes Russian tax resident during a particular calendar year. As per the clarifications should a person was abroad more than 183 days during 12 months prior to the date of income earning, then such a person…

Oct, 25 2017
Bureaucracy of notaries has come to an end

New regulations on procedure of notary actions performance are planned to be established in Russia.  These regulations establishing strict list of documents and information, which will be required for performance of notary actions, as well as the form of such information. Moreover, according to regulations notaries will not be allowed to…

Sep, 26 2017
Record on unreliable information in Unified state register for legal entities, how to prevent liquidation?

Record on unreliable information may become a reason for excluding company from the unified state register for legal entities. This record can relate to information about company location, general manager, founders.  Tax authorities put such record in following cases: due to results of the checkup;due to application of person, which data is…

Sep, 19 2017
How employer can start using of electronic sick certificate

Staring from July 1, 2017, sick certificate can be received in electronic form by consent of an employee.  To make such certificate valid for accounting purposes employer should do the following: – receive the enhanced encrypted and certified digital signature; – sign up on the Unified Portal of State and Municipal Services www.gosuslugi.ru; – conclude an…

Sep, 12 2017
New amendments in Civil Code of the Russian Federation

New amendments in Civil Code of Russian Federation have been established. Below you will find an overview of the most important of them. A loan agreement between citizens for more than 10,000 rubles shall be made in writing. If a loan is provided by a company, the contract will be deemed to…

Sep, 05 2017
What to do if the Federal Tax Service has blocked a bank account?

For any company, the block of bank account operations is extraordinary which makes impossible to carry out activities. The reasons why the tax authorities can “freeze” the account may be very diverse: from late submission of tax reports to non-payment of tax payments. Most often there are situations when a document from…

Jul, 19 2017
Overview on dismissal under agreement of the parties

When dismissing employee under agreement of the parties, it is important to follow the procedure of dismissal. Violation may lead to reinstatement of employment and paying to employee compensation in amount of average salary for forced absence.  We would like to draw your attention at some conclusions from court decisions, which…

Jul, 10 2017
What to do with documents after expiration of storage period?

Depending on terms of storage office documents can be divided into: – temporary (up to 10 years inclusive)Such documents as invoices, agreements on bank account, audit reports, etc.; – temporary (over 10 years)For example, employees’ personal cards, dividend issue lists, accounts of employees, etc.; – permanentIn particular, annual financial statements, IFRS statements, certificates…

Jul, 05 2017
In what cases absence from the place of work is not considered as unauthorized absence

According to the Labor Code of the Russian Federation, unauthorized absence is recognized as absence from the place of work without reasonable excuse for more than 4 hours or for the whole working day. Unauthorized absence is a serious violation of labor discipline and employee can be dismissed for that….

May, 30 2017