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The results of intellectual activity are objects of exclusive, as well as other rights that are protected by the state. The protected list of such objects includes a wide list of names, including scientific and artistic works, photo and video images, software, databases, television messages, inventions, breeding achievements, developed technologies, trademarks and commercial designations.
In the intricate world of business, various corporate structures and strategies exist, each tailored to meet specific objectives and goals. Among these structures, the concept of a “wholly owned subsidiary company” stands as a compelling example, representing a unique approach to corporate ownership and expansion.
Registration of a limited liability company is the creation of a new legal entity, which is associated with the collection and registration of the necessary documents and the deposit of the authorized capital to the settlement account. You can register an LLC either personally or with the participation of a third party. In this case, the applicant will need a power of attorney.
In the intricate landscape of corporate finance, the seamless transfer of money between a parent company and its subsidiary is a critical maneuver that demands strategic planning, precision, and a deep understanding of the intricacies involved. These intercompany fund transfers come in various forms and serve different purposes, but they all share a common thread: the movement of capital within an organization’s internal structure.
A joint venture with a foreign participant is a legal entity formed by merging the capitals of a Russian legal person and a representative of another country. The incorporation of such company is traditionally viewed in a positive way, as it allows attracting foreign capital and foreign technologies to Russia.
When starting a business, any company must choose a taxation system. There are currently two main systems: General system Simplified system The general system usually involves – Value added tax (VAT) 20% + income tax 25% The simplified system has two options: 6% of income 15% of income minus expenses…
Russian companies are increasingly developing business ties with BRICS countries. While expanding cooperation opens up new markets and opportunities, it also creates significant risks ranging from legal differences and weak judicial practice to sanctions, restrictions and cultural barriers in negotiations. To minimise potential problems, it is necessary to conduct a…
The contract of sale is a document that certifies in writing the transfer of ownership from the seller to the buyer. This type of transaction implies that the seller assumes the obligation to transfer the goods to the buyer together with all accessories and documents within the prescribed period. And the buyer promises to accept this product and pay a certain amount for it.
A corporate dispute is a disagreement arising within a certain company and related to its creation, management, reorganization, profit distribution or liquidation. A conflict may arise between shareholders, legal entities, sole proprietors, commercial and non-profit organizations, as well as affect the interests of small firms and large-scale corporations.
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…
Large-scale changes to corporate legislation came into force in Russia on 1 August, lifting a ban on the creation of so-called matryoshka companies that had been in place for almost 30 years. Introduced in 1995, this rule prevented the formation of interconnected chains of single-member companies and was intended to…
