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Business, investment, economy and law in Russia

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Latest Amendments to Russian Migration Law

24.03.2011 0 Comments

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…

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Recent Amendments to Russian Migration Law

08.02.2011 0 Comments

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…

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Simplification of Employment of Highly Qualified Foreigners in Russia

01.06.2010 0 Comments

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…

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New Social Security Charges (Social Tax) System

26.08.2009 0 Comments

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…

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Legal Alert on Negative Net Assets

10.08.2009 0 Comments

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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