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Visa is a document which entitles a foreign citizen to cross the state borders. Generally, it not only allows you to stay in the country, but also sets certain restrictions up to the purpose of the trip. Therefore, a tourist stamp does not allow a visitor to enter university as well as private visa does not give the right to work.

M&A (mergers and acquisitions) is a combination of assets of two legal entities. In essence, such transactions are a process of transferring or consolidating assets and operating divisions of one firm with another organization. This helps to optimize part of the business in order to find more favorable conditions for strategic management and further growth of the enterprise.

The general meeting of the LLC participants is a special procedure at which the company’s decisions are made. We are talking about the reorganization, amendment of the charter, appointment of the general director and other important agendas for the work of the company.

According to Russian legislation, legal entity cannot represent itself in courts as an individual can. Participation in court procedures is allowed through competent bodies or through representative, based on power of attorney.

International treaties form the basis of interstate relations and support the development of cooperation on a global scale. In other words, it is a written agreement governed by international law, concluded between several States or between a State and an international organization.

A construction contract is a legal agreement between a customer and a contractor for the performance of any type of work related to the repair, restoration of existing buildings, as well as the construction of new ones.

Russian law does not provide an unambiguous definition of consulting services. However, art. 148 of the Russian Tax Code provides a list of such intangible services along with its description. It also includes legal consultation.

Debt forgiveness, when a lender refuses to repay borrowed funds, is a complex legal and financial issue. If the debt is forgiven by a foreign company, then the taxation of this process may become an object of attention of the tax authorities.

Liquidation of inactive legal entity by the tax authority is a multi-stage procedure, which takes place in strict compliance with legal requirements. Commercial organization is not considered dissolved even if it has ceased to conduct its business activity until the relevant entry in the registry about it has been made.

Registration of German citizens in Russia is a registration of a foreign citizen with the migration service. It is closely related to the state activities aimed at collecting and analyzing information about foreign citizens temporarily or permanently residing in the Russian Federation. Registration allows to track movements of foreign citizens within the country. This procedure is mandatory for every person without an Internal Russian passport; and here residents of Germany are no exception.

A variety of conflicts may arise between entrepreneurs: around compliance with the terms of contracts, financial obligations, property rights. One of the most common disputes is over supply contracts, when suppliers violate deadlines or violate the quality and characteristics of goods.

Most companies attract independent auditors from time to time, because this is required by law. The cost of audit services is quite high, and it needs to be carried out through accounting, properly taken into account in the balance sheet. According to the laws of the Russian Federation, specialized companies and individual specialists who are included in the register of one of the self-regulating specialized organizations can be engaged in auditing. Accounting of audit services assumes that the company invites independent specialists from outside. Even if there are qualified auditors in the company’s staff, you cannot attract them, because you will not be able to observe the principle of independence and impartiality.

So that a foreigner has an opportunity to live in Russia for several years in a row, work freely and do business, it is necessary to receive a residence permit. In addition to the fact that it officially confirms the right on permanent residence, this document gives the foreign citizen the same advantages as to most of Russians. Except perhaps the right to participate in elections. But how long does a residence permit in Russia last?

In the process of carrying out a particular activity, legal relations arise between companies and citizens. Sometimes it happens that there are disagreements between the parties to the legal relationship, and disputable situations arise. In order to resolve such situations, the parties to the dispute are often forced to apply to the judicial authorities. The concept of “justice” includes the settlement of any disputes in court.

The settlement account of a foreign company in Russia is a deposit opened in one of the Russian banks for mutual settlements with counterparties and other domestic and international financial transactions. It is important to take into account that any foreign company that operates in Russia has the right to open a current account with an authorized banking institution. This right is prescribed in Article 13 of Federal Law No. 173-FZ dated 10.12.2003 “On Currency Regulation and Currency Control”. What needs to be done for this, we will tell you in this article.

Contents: Place of taxation and tax residents What should people pay attention to? What is important to know about taxation? Withholding taxes at source of payments Rules for accounting and document flow The global economy is becoming increasingly integrated, and many companies are looking for opportunities to collaborate with foreign…