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The business is divided into several entities in order to apply special tax regimes, optimize processes and management. There is nothing illegal in the very concept of business separation, however, in some cases, government authorities may have claims against the company. Let’s take a closer look at how to correctly split a business, when necessary, what mistakes can be avoided.

Foreigners who plan to settle in the Russian Federation, issue a document such as a temporary residence permit. It allows you to live and work in the country for three years, freely cross the border at any time, and also apply for a residence permit. For many, the Temporary Residence Permit is not the main document, but only part of the procedure for obtaining citizenship or a residence permit. They live in Russia, using a permit, for only a year, after which they have the right to issue a residence permit. However, the Temporary Residence Permit itself has many advantages. In particular, entry to Russia with a Temporary Residence Permit is greatly simplified for citizens of a number of states. There is no need to apply for a visa, while the law does not restrict the foreigner in the number and frequency of entries and exits.

The law requires to record and systemize information about the objects of business activity – this is what accounting is particularly involved in. It implies that professionals will form financial reports on the main document flow basis of the company which will help internal and external users to assess the company’s activity.

Registration of an LLC is the creation of a new company on the basis of documents submitted to the Federal Tax Service.

Structuring business processes is one of the ways to optimize the business of a company. In a broad sense, structuring is understood as a change in the organization of a business, the creation of divisions, separate business units, between which assets and functions are distributed. This procedure is suitable not…

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.

A joint venture with a foreign participant is a legal entity that is formed by means of a merger of capital between a Russian entity and a representative of another country. The establishment of such a company has traditionally been seen as positive because it allows the attraction of foreign capital and foreign technology into Russia.

M&A transactions (mergers and acquisitions) is the process of combining the capital and other assets of two or more companies to consolidate operations and conduct common activities. As a rule, such transactions allow companies to increase their profits by expanding spheres of influence and consolidating the market. Mergers and acquisitions are regulated by the law “On Joint Stock Companies”. A merger is the process of merging two or more companies that form a new legal entity. The newly created company receives all the rights and obligations of other organizations. In this case, liquidation can be implied with the subsequent transfer of assets.

Dividends are a part of the profit that a company pays to its shareholders in the form of cash or other valuables

There are two main dispute resolution mechanisms in the Russian legal system. The main and most frequently used method is the judicial procedure for conflict resolution. However, the second method, the pre–trial dispute settlement procedure, is gaining popularity for various reasons.

The procedure for resolving tax disputes is regulated by law. The conflict can be settled in court and pre-trial, but conflicts over the calculation of taxes are associated with difficulties for one of the parties. After all, in fact, the dispute is between a citizen, a company and the state.

Can a citizen of Kazakhstan open an LLC on the territory of the Russian Federation? This question is asked by many immigrants to our country and foreigners who want to open a business in Russia.

Mergers and acquisitions (M&A) are important strategic tools for the development and growth of companies in the modern economy. These processes allow firms to strengthen their position in the market, expand their business and gain a competitive advantage.

Since March 2022, foreign companies and large corporations have begun to leave the Russian market. According to experts’ preliminary estimates, more than 250 companies have left the domestic business market. However, not everyone is leaving Russia. For many brands, our country remains a large and reliable market for their products and services. However, for some companies, the form of presence in our country is changing and transforming. In this article, we will explain in detail whether foreign companies are operating in Russia, and how this is structured?

Opening a branch or representative office of a foreign company in Russia means transferring part of the ready-made business from abroad to Russia. In essence, the entrepreneur does not need to re-create the business structure in another country. It is enough to relocate a ready-made entrepreneurial project to another country and resolve a number of issues on the ground, for example…