20 Febrary, 2018 / SPIBA Tax Conference
Olga Vorobyeva, Head of Legal Practice at Emerging Markets Group made a presentation: “0% VAT current practice and changes in the law” at SPIBA Tax Conference
16 Febrary, 2018 / Business Breakfast “Business at risk”
Emerging Markets Group and The North-West Directorate of IC Allianz held the Business Breakfast “Business at risk” both in Moscow and in Saint Petersburg in February. This event was useful for shareholders, general directors, financial directors, chief accountants and corporate lawyers.
07 December, 2017 / Compliance and Responsibility of the company’s top executives
On December 07, Olga Vorobyeva, the head of legal practice of EMG made a presentation in SPIBA. The unstable economic situation, the state budget deficit and the pro-budgetary approach of the courts to the resolution of disputes – all these realities of recent years lead to an increase in the number of claims to directors related to possible mistakes in the management. Trends in court practice in recent years demonstrate increasing risks for directors.
18 April, 2018 / Temporary obligation of migration registration within one day
Emerging Markets Group would like to pay particular attention of its clients and partners that in accordance with the Decree of the President of the Russian Federation dated 09 of May 2017 No 202, the rules of personal migration registration of foreign citizens coming to Russia have been temporary tightened.
11 April, 2018 / Mandatory notification of controlled transactions
We would like to remind that before May 20, 2018, all companies that had controlled transactions in 2017 must submit notices of controlled transactions to the tax inspectorate. The transfer pricing rules apply to all transactions related to the provision of financing and credit agreements (with small exceptions), royalties and licensing agreements, supply contracts and service agreements between Russian companies and their foreign affiliated companies, even if the transaction price is zero.
02 April, 2018 / Mandatory annual General Meeting
We would like to remind you that according to Federal Law # 14-FZ “On Limited Liability Companies” (hereinafter referred to as “the Law”) a limited liability company (hereinafter referred to as “the Company”) shall annually conduct a General Meeting of the Company’s participants to approve the results of the Company’s activity for the past year.
11 October, 2016 / Withdrawal from the tax secrecy regime. Federal law No. 134-FZ dated May 1, 2016. Information that does not concern tax secret
Withdrawal from the tax secrecy regime from some information on companies as well as specifying the medium of publication of this information will facilitate vetting potential or current partners. These changes will help to comply with due diligence when selecting a counterparty.
19 September, 2016 / Interest for monetary obligations in 2016
Latest legal developments shall be taken into account upon calculation and payment of interests. Federal Act No. 315-FZ of July 7, 2016 has introduced amendments to Part 1 of Article 317 of the Civil Code of the Russian Federation.
10 August, 2016 / New terms for paying wages and advance. Federal Law No. 272-FZ of July 3, 2016. Liability for violation of terms
Federal Law No. 272-FZ of July 3, 2016 “On the amendments to individual legislative acts of the Russian Federation enhancing responsibility of employers for violation of the legislation on labour remuneration – delays in payment of earnings» has introduced many amendments to the Labour Code of the Russian Federation and the Administrative Offences Code of the Russian Federation.