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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…