Latest Amendments to Russian Migration Law
According to the amendments to immigration law, which came into effect in mid-February 2011, companies employing foreign nationals could no longer register their foreign employees…
Continue Reading →Recent Amendments to Russian Migration Law
Amendments to Russian Migration Law will become effective as of 15.02.2011. The law “On migration registration” will be amended as follows: • Foreign nationals may…
Continue Reading →Simplification of Employment of Highly Qualified Foreigners in Russia
From July 01, 2010 the procedure for employing highly qualified foreign specialists in Russia will be considerably simplified. Previously, foreign nationals could obtain a work…
Continue Reading →New Social Security Charges (Social Tax) System
The system and rates of employers’ social security and pension contributions is due to change from January 1, 2010. We have noticed that the information…
Continue Reading →Legal Alert on Negative Net Assets
The general rule is that starting with the second financial year the net assets shall always be higher than, or equal to, the company’s share…
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