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It is proposed to increase the minimum wage for highly qualified specialists.

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…

Jan, 25 2022
Will Russia ban cryptocurrency?

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…

Jan, 25 2022
Change in the procedure for entry of foreign citizens to Russia from December 29

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…

Jan, 13 2022
Objections to the liquidation of a legal entity

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…

Jan, 11 2022
HAPPY NEW YEAR AND MERRY CHRISTMAS!
Dec, 29 2021
The following laws will come into force on December 17.

– 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…

Dec, 22 2021
The procedure for revoking powers of attorney will be simplified from December 29

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…

Dec, 15 2021
Changes in the legislation of the Russian Federation from December 1.

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…

Dec, 08 2021
Company’s share can now be realized remotely

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…

Dec, 01 2021
The Russian Federation has approved an international treaty recognizing foreign court decisions on business cases.

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…

Nov, 24 2021
The Ministry of Finance of the Russian Federation proposes to make the same income tax rates for residents and non-residents of the Russian Federation.

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…

Nov, 17 2021
Foreign nationals are moving to Russia despite COVID-ban

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…

Nov, 10 2021
It is proposed to change the procedure for paying VAT for services.

These rules can increase the burden on the banking industry. The Ministry of Finance recommended to facilitate the payment of value-added tax on the export and import of services. A draft of key areas of tax, budget and customs tariff policy for 2022-2024 was initiated. When a Russian company purchases…

Nov, 03 2021
Remote mode of operation in Moscow

The Moscow mayor, by his own Decree, determined an obligation for employers to transfer employees to a remote order of activity in the period from October 25, 2021 to February 25, 2022. These measures are introduced in conjunction with the spread of coronavirus infection. In accordance with the amendments, the…

Oct, 27 2021
The Ministry of Internal Affairs of Russia stands for changing the regime of stay of foreign citizens.

The State body is considering the option of creating new regimes: short-term and long-term stay, and permanent residence. The temporary residence permit is proposed to be canceled. The representative of the Ministry informs that the short-term regime involves staying in the Russian Federation for up to 90 days, the long-term…

Oct, 20 2021
Refusal from taxation of income received from intellectual property.

The relevant ministry has proposed a draft law proposing not to levy taxes on the results of intellectual activity. The grace period will be extended to small and medium-sized businesses for 5 years, to other organizations for 3 years. When determining these norms, Russian legislators took into account the experience…

Oct, 13 2021