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How long a foreigner can stay in Russia depends on his visa or visa-free entry rules. Although for some countries these rules are more than favorable, if you want to live continuously in the Russian Federation for a year or longer, you need a special document: residence permit. It confirms your right to stay permanently in the country, as well as to freely move within Russia and cross its border.
Liquidation of an LLC is a process of voluntary or forced closure of a company, which involves a complete shutdown of the company, including staff reduction, shutdown of production and any other activity, completion of settlements with counterparties. Dismissal of employees is the termination of employment relations between an employee and an employer at their own request, by agreement of the parties or on the occasion of other circumstances provided for by the Labor Code of the Russian Federation.
Contents: Features of transnational joint ventures Advantages of multinational joint ventures The impact of TJV on the state Transnational joint ventures (TJV) are a form of business in which companies from different countries combine their resources and knowledge to achieve a common goal. TJV can be created both on an…
A construction contract is an agreement that is concluded between the main customer and the contractor for construction, installation or repair work. The contract most often involves the achievement of the intended goals by the contractor for a certain time and payment for the work performed by the customer in full and within the terms established by the terms of the contract.
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.
Liquidation of represen are the forms of separate subdivisions stipulated by Russian law. They are situated outside the main location of the company, but branches and representative offices are not synonymous. According to the Civil Code, they have fundamentally different functions, which are detailed in Article 55 of the Civil Code.
The liquidation of a legal entity with debt without bankruptcy is a complex multi-stage procedure that should be carried out by qualified lawyers. It requires careful compliance with law. The grounds for liquidation, as well as procedure for the enterprise and its debtors are described in a number of laws, including federal law “On Insolvency (Bankruptcy)”.
Cancellation of decision on liquidation of legal entity is procedure provided for by legislation of the Russian Federation. It is possible to stop winding up of commercial organization at any stage, but only until the moment when changes are entered into register.
Each company must maintain accounting, as well as submit accounting and tax reporting regularly. But sometimes for some reason, accounting and tax accounting was not kept or was maintained incorrectly. Then you should appeal to companies, offering accounting restoration services in order to make your enterprise operate normally again. When…
A group of companies is two or more independent enterprises that have one senior management. Since companies are managed from one center, they are often bound by partnership or other obligations. As a rule, the creation of a group of companies is aimed at making a profit and minimizing tax payments.
Bankruptcy is the inability of a legal entity to fulfill financial obligations. The bankruptcy procedure is initiated if a limited liability company does not pay its obligations for more than 3 months and the total amount of debt exceeds 300,000 rubles.
An agreement for the purchase and sale of a share in an LLC is an officially executed transaction on the transfer of a share in the authorized capital of a company from one person to another for a pre-agreed amount.
Compulsory liquidation of a company is a process of closing a company initiated not by the managers or founders of the company. Simply put, the procedure is initiated by third parties, usually tax authorities or creditors. The procedure for compulsory liquidation differs from voluntary liquidation, when the founders themselves are the initiators of the closure of the LLC.
Russia has one of the largest economies in the world as well as a significant domestic market. Foreign investors interested in establishing a business in the nation are drawn to the country’s economic potential. The nation has many special economic zones that attract investment in industries like industrial production, research and development, logistics, and tourism.
