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A foreign citizen can register both an individual entrepreneur and an LLC. A foreigner can become a founder of an LLC regardless of their status. In order to register with the tax authorities as an individual entrepreneur, a foreigner must be legally located in Russia: have a temporary residence permit…

Foreign companies and citizens can open a business in Russia. There are many foreign companies operating in Russia. Depending on the needs of the business there are several types of its design. Let’s consider the main ways of working for foreign business in Russia. In accordance with the current legislation,…

In 2022, several laws in the digital sphere will come into force: electronic sick leave, electronic signature of heads of organizations, electronic document exchange system in the field of cargo transportation. In addition, several more changes are expected. 1. Changes in the electronic and digital sphere. – From 2022, sick…

Starting this year, all foreigners who have come to Russia for a long time should undergo a medical examination within 30 days from the moment of entry, which includes testing for infectious diseases and drug addiction, HIV status and fingerprinting. For fingerprinting, you will need: – Passport, – Medical certificate…

A highly qualified specialist (HQS) is a foreign citizen who has professional skills in a certain field. The main qualifying criterion for obtaining the status of HQS is the minimum wage, which, as a general rule, is 167,000 rubles per month. The employer is obliged to report to the migration…

The director of the profile department of the Central Bank stated that she intends to seek only a ban on the issuance, mining and circulation of cryptocurrencies and establishing liability for violation of such restrictions. At the same time, operations with cryptocurrency in foreign jurisdictions will be allowed. The Central…

A law has come into force, according to which foreigners are required to undergo fingerprint registration, photographing and medical examination when entering Russia. In order to legally stay on the territory of the Russian Federation, foreigners after December 29, 2021 are required to obtain a document confirming the passage of…

Tax authorities regularly compile lists of legal entities that will be excluded from the Unified State Register of Legal Entities. A record of liquidation may adversely affect the reputation of the organization in the future. On the website of the tax authority, you can check whether an organization has been…

– Peasant (farmer) farms and agricultural consumer cooperatives will be able to sell independently produced products on agricultural lands belonging to them in buildings and structures that are part of their property, and in non-stationary retail facilities if they are located on non-agricultural lands. – From January 01, 2022, the…

A new way has been created to quickly cancel a power of attorney made in simple written form and notify all interested parties about it. To do this, you can use a special electronic service. At the moment, the cancellation of a simple power of attorney requires publication in the…

Tax and insurance contributions It is necessary to pay transport, land tax and property tax of individuals. In case of non-payment by December 1, a penalty fee will be charged.  Updated insurance form In December, an order comes into force, according to which a new form of social insurance submission…

Decision to increase the authorized capital or sell the company’s share requires mandatory notarization, even if the founders have provided a different way in the company’s charter. In 2021, business can certify the authenticity of signatures on the Company’s decisions remotely. There is no need for all participants to meet…

The Ministry of Justice, on behalf of the Russian Federation, signed the Convention on the Recognition and Enforcement of Foreign Judgments in Civil or Commercial Cases at the Conference on Private International Law in The Hague. The Minister of Justice stressed the importance of the document, emphasizing that the treaty…

Currently, the tax rate is 30% for non-residents. The Ministry’s draft proposes to establish a single income tax rate for residents and non-residents. They propose to make tax rates for foreigners engaged in labor activity and who are non-residents, in an amount like that for permanent residents of the Russian…

Long waits for visas, double quarantines and rare meetings with family: what foreign specialists who work in Moscow experience in the new epidemiological reality. Despite the closed borders and restrictions on movement linked to the coronavirus pandemic, foreign specialists still come to work in Russia and their number has even…