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Companies in Russia are obliged to have certain positions in the staff list. Labor books Every company should have a person responsible for maintenance, storage, accounting and issue of labor books. The company do not need to create a separate position in the staff list for such employee. Generally, the…
In one of the last cases RF Supreme Court compared employment agreement and service agreement. The Court specified the following differences: Purpose of the agreementThe main purpose of employment agreement is a systematic work performance. Service agreement purpose is execution of agreed task by a certain date. Subject matter of the agreementThe subject…
Commonly tax authorities are investigating if the company’s deals are aimed at taxes evasion only. To minimize the risks of claims company should have proof of due diligence in choosing counterparties and concluding contracts. In particular it is recommended to request from counterparty: Certified charter copy; Certificates of tax and company registration (certificate…
Employees are generally responsible for disclosing commercial secrets in the company. The employee disclosed a commercial secret should be dismissed. Nevertheless, that is often complicated to prove the lawfulness of dismissal at court. The employers often do not comply with requirements to the protection of the confidential information: companies do…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…