News

We are proud to announce that EMG has been recognized as one of the largest Outsourced Accounting firms operating in Russia by Expert RA (RAEX) again. However, in 2017 Emerging Markets Group has consolidated its position and now we fell into top 20 companies which offer accounting and tax outsourcing.
29 of June 2018, German Chamber of Commerce held regular Accounting Committee Meeting. Maria Prisyazhnaya, lawyer of Emerging Markets Group made a presentation: «Currency offenses: how to minimize risks taking into account the latest changes in legislation». The main theses of her speech were:
We are proud to inform that Olga Semenova, Operating Director of Emerging Markets Group, has become chairperson of the Accounting Working Group of the Committee for Taxes, Financial Reporting and Controlling of the Russian-German Chamber of Commerce.
Emerging Markets Group would like to draw your attention to the fact that on July 8, 2018 Federal Law dd. June 27, 2018 No. 163-FZ “On amendments to Federal Law “On migration registration of foreign nationals and stateless persons in the Russian Federation” goes into effect.
Emerging Markets Group would like to draw your attention to the fact that the deadline for migration registration of foreign citizens during the 2018 FIFA World Cup (from May 25 to July 25, 2018) has increased to 3 days from the date of arrival.
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.
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.
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.
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.

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