19Sep

Doing Business in Russia: The New Russian Tax Law and Its Development over the Years

Since 1998 the main laws governing taxation have been codified in the two parts that make up the Tax Code. Tax Code Part I was adopted in 1998 and entered into force on 1 January 1999. It regulates general taxation matters, setting out the most important provisions of the Russian taxation system. It also specifies […]

Posted by Eugene Isaev
On September 19, 2016

27Apr

Doing Business in Russia: Oil Scenarios & Economic Development Outlook

Oil accounts for some 13% of Russia’s GDP and a considerable larger share of its exports. There are many predictions of how oil prices will develop in future but one thing is relatively widely agreed upon: the oil price won’t bounce back above 100 USD per barrel in the near future. It is also almost […]

Posted by Eugene Isaev
On April 27, 2016

11Apr

Doing Business in Russia: Choosing the Right Company Structure for Your Business

When entering the Russian market to do business, one of the first questions investors are faced with is the type of legal structure that makes the most sense for their business. You can choose between a number of different forms of business representations, including: Branches and Representative Offices (ROs) Legal Entities Limited Liability Companies (LLCs) […]

Posted by Eugene Isaev
On April 11, 2016

04Mar

Doing Business in Russia: Practical Aspects of Living and Working in Russia

Russia is a great place to live and work, and we would like to give you some practical advice as to how to make it even greater! But first, let’s review the country profile. Geography Russia (official: “The Russian Federation”) is the largest country in the world, with an area of 17 million km2. Russia […]

Posted by Eugene Isaev
On March 4, 2016

16Feb

Doing Business in Russia: A Snapshot of Logistics Services

Two recent blog posts have presented an overview of the logistics environment in Russia with more detailed information on the efficiency of transport infrastructure and customs procedures. These mainly relate to the public sector. However, from a business point of view logistics services are mainly provided by companies (logistics service providers – LSPs) or produced […]

Posted by Eugene Isaev
On February 16, 2016

09Feb

Doing Business in Russia: The Quality of Logistics Infrastructure

Last week’s blog entry started a discussion about Russia’s logistics performance. This post digs deeper into various aspects of the nation’s logistics environment. The importance of different aspects of logistics performance greatly varies between companies, depending on the sector (e.g., retail, manufacturing, service provider), industry (e.g., metal refining, oil production, wholesaling) and their own supply […]

Posted by Eugene Isaev
On February 9, 2016

02Feb

Doing Business in Russia: A Logistics Point of View

Efficient logistics is one of the key issues for most business, whether the company produces raw materials or high tech products. Global supply chains have become increasingly complex as companies are sourcing their components and serving their customers all over the world. Every company optimizes its own logistics operations, such as transport and warehousing, but […]

Posted by Eugene Isaev
On February 2, 2016

25Jan

Awara Guide on Doing Business in Russia

Let’s start this blog by bringing out some facts to the table and speaking of the general business climate in today’s Russia. Every global enterprise should have a presence in Russia in order not to miss out on major business opportunities. With a vast geography and a population of almost 145 million people Russia has […]

Posted by Eugene Isaev
On January 25, 2016

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