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Since the introduction of the concepts of “unfriendly states” and “unfriendly persons, ” the Russian legal landscape for international business has been fundamentally reshaped. Three years of applying these rules have crystallized not only specific procedures but also significant risks that threaten any transaction with a foreign element. This article…
Our client base covers a wide geographical range, and we would like to share this with you. We work with companies and private clients from various regions around the world, which allows us to better understand global needs and adapt our solutions to the specifics of different markets. Below is…
The General director is the highest head of an organization or enterprise who is responsible for production and economic activities. The list of its tasks includes making decisions on the effective use of property and improving production and financial indicators.
Before you start working with a customer, you should create a service agreement to ensure that you both have the same expectations regarding the work to be done, costs, and other aspects of your working relationship. When you wish to exchange something of value, such as services or intellectual property, for monetary or other payment, knowing how to construct a contract for services is critical. A service agreement is a written contract that is entered into between a service provider and a client. It specifies the work to be done as well as the roles and duties of both parties in having the task done and paid for. A service agreement provides time periods for commencing and completing the task, extra due dates if necessary, and other processes and details involved in the project.
Artificial intelligence (AI) is actively making its way into international arbitration, promising to speed up work and reduce costs. However, a high-profile lawsuit by a gamer against Valve and expert opinions show that without clear rules, the use of technology could undermine the foundations of trust in this institution. 1….
Despite the current global crisis, Chinese companies are increasing their presence in the Russian market. The emergence of business relations between the countries began almost 30 years ago and the pace of the presence of Chinese companies is only increasing. Thus, the presence of the Chinese in the Russian market becomes significant.
The global shift toward remote work has opened opportunities for businesses worldwide to hire talented professionals, including those based in Russia. However, hiring remote employees in Russia requires a thorough understanding of remote work regulations in Russia.
As part of the general approach, the determination of the personal income tax rate is greatly influenced by the tax status of an individual – whether a person is a tax resident or not. At the same time, there are a number of nuances for the taxation of foreigners in 2023.
Unfriendly countries are foreign states that commit actions of an unfriendly nature against Russians and Russian companies. According to the state authorities of the Russian Federation, these actions consist in the introduction of economic and political sanctions, the expulsion of diplomats, the tightening of visas for Russian citizens and other prohibitive or restrictive measures.
A joint–stock company is an organizational and legal form of activity of an enterprise whose authorized capital is divided into a certain number of shares (shares). The owners of the shares, in turn, have the right to receive economic profit from the ownership of the asset (receiving dividends) and making decisions regarding the work of the company as a whole.
The legislation guarantees every citizen of the Russian Federation the right to participate in the judicial process, this can be done personally or through his representative. This is regulated in detail in the rules of arbitration and civil procedure law.
The Russian Government has submitted a draft law introducing large-scale changes to the Tax Code. The majority of the amendments, scheduled to take effect in 2026, will increase the fiscal burden on companies and individual entrepreneurs (IEs). Here are the key innovations and an action plan for 2025. Key Changes…
The Core Problem The Constitutional Court of the Russian Federation is set to determine whether judicial protection extends to cryptocurrency transactions that the owner did not report to the state. This stems from a complaint against Article 14 of the law “On Digital Financial Assets” (DFA), which makes such protection…