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Russian Government established the following transfer of weekends and holidays in 2017:– from Dec-31 till Jan-8 (9 days);– from Feb-23 till Feb-26 (4 days);– Mar-8 (1 day);– from Apr-29 till May-1 (3 days);– from May-6 till May-9 (4 days);– from Jun-10 till Jun-12 (3 days);– from Nov-4 till Nov-6 (3…
Since October 1, 2016 the list of information for obligatory disclosure by legal entities in the Unified State Register of on activities of legal entities had been expanded.Now it includes:– information on the signs of insufficient property;– information on the financial/accounting statements in cases where such disclosure is obligatory according…
According to the order of the Federal Tax Service dated September 12, 2016 certificate of state registration of legal entities and individual entrepreneurs will no longer confirm the fact of their entering into the Unified State Register. Instead, the registration authority will only issue an extract from the relevant register.These…
According to the amendments to the Labor Code, since October, 03 2016 employers are obliged to pay the salary not later than 15th day of the month, following the month of payment, and advance payments not later than 15 days after salary payments.For breaching the terms for salary payments employer…
What contract is appropriate to sign with remote working foreign citizen?The first thing that is to be done is clarifying what namely the remote work is. According to the Russian Labor Code, the remote work shall include two characteristic:The work shall be done away from the permanent place of workThe…
In 2017 social fees shall be as follows:To Pension fund – 22% for amounts under 796 000 rubles and 10% for amounts above this limit;To Social Insurance Fund – 2.9% for amounts under 718 000 rubles. Social fees shall not be paid for amounts above this sum;To Medical Insurance Fund…
Several adjustments to employment law shall allow to conclude employment agreement in electronic form.It is presumed that employer shall put an agreement online on web-portal of State information system “Electronic employment agreement”, and employee signs it with “unified system of identification and authorization” on the web-portal. The employee may also…
Federal tax service plans to increase amount of companies registered via the Internet up to 50%. At the present time, online-registration is used only by 10% of companies.Now online-registration more available for companies. Thus, it is allowed to use online-registration for companies with more than one founder, if founders of…
Documents required to organize business tripOrganization of business trip requires preparation of assignment letter and business trip order. It is important to specify the purpose of business trip within these documents.Business trip certificate is not required.2. Payment for business tripFor each day spent in business trip employee shall receive payment…
Several amendments to the Notary law came into force and made some significant changes in rules of operations with powers of attorney (POA).Particularly, the changes have affected the procedure for the revocation of POA. Previously, forms of notification of revocation was not specified by law, therefore even notarized POA could…
State fee payment details for obtaining work permits and invitation for visas have changed.New payment details are:Beneficiary: УФК по г. Москве (ГУ МВД России по г. Москве л/с 04731399310)Beneficiary Bank: ГУ Банка России по ЦФОINN: 7707089101KPP: 770701001Beneficiary account # 40101 810 0 452500 1 0041OKTMO: 45382000BIC: 044525000
During 2016 the tax authorities removed more than 654 thousand companies from the Unified Register of Legal Entities (the Register). It is 84% of the total number of companies liquidated in 2016. Such activity of tax service is related to the campaign against „short-lived“ companies launched early last year. In…
ince 1 January 2015, Controlled foreign companies’ law came into force. Under the law Russian tax residents and interested persons, that owns a big share of stock (more than 10 percent) of the foreign companies, or that have separated units located abroad (without creating of legal entity) are obliged to…
On June, 07 State Duma has adopted the law, that oblige companies to disclose information about its beneficial owners. Under beneficial owner is an individual that directly or indirectly owns more than 25% of the charter capital of the company is meant. According to the amendments, the companies are obliged…
On 3 October, new Federal law dated 3 July 2016 will come into force. This law make amendments to the Russian Labor Code estimating the new terms for salary payments.After 3 October, the monthly salary shall be paid not later than 15th day of the month following the payment month….
Please, be aware that the state fee payment details for obtaining work permits have changed.Receipts for payment of the state fee with Federal migration service (further FMS) as recipient will be accepted until 10 September if the payment was made before the 1 September.Receipts paid after 1 September with the…
