We are pleased to announce that in 2020 we have successfully passed certification confirming that we are applying an information security management system in accordance with the ISO / IEC 27001: 2013.
On July 23, the SPIBA Finance Committee held an online discussion dedicated to the launch of the state information resource for accounting (financial) reporting.
On July 21, the SPIBA Legal Committee held the webinar "Corporate Governance and Control".
26 November, 2020 / Regulation of remote work
A draft law on amending the Labor Code of the Russian Federation, expanding the regulation of remote work and introducing regulation of temporary remote employment was adopted in the State Duma in the first reading.
In accordance with the new Federal Law No. 349-FZ, which entered into force on November 7, the Federal Tax Service will make changes to the register of SMEs on a monthly basis (previously the register was updated only once a year on August 10). This means that the process required to take advantage of government support dedicated to Small and Medium Sized companies (such as the reduction of the Social Insurance rate from 30% to 15%) has been greatly accelerated.
We would like to remind you that from January 1, 2021, the procedure for calculation and payment of benefits and sick lists to the employees will change. The innovations were introduced in order to guarantee the payment of social benefits to citizens, regardless of the financial standing of employers.
Emerging Markets Group is a service company combining Western management and standards with extensive Russian experience. Since 1994, our outsourced accounting, tax, and legal services have helped both large Fortune 500 and small companies in the St. Petersburg and Moscow regions to prosper in Russia’s changing business environment.
The article “How the legal services market has changed during the pandemic” has been published on the RBC news portal. Head of legal practice of Emerging Markets Group Olga Vorobyeva also commented on the situation.
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.

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