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05Nov

Russia has risen 4 places in the ranking of Doing Business

In the World Bank’s Doing Business 2019 ranking, Russia is rated 31 out of 190, which is 4 places higher than last year. Russia did not succeed in achieving the goal set by Vladimir Putin in 2012 to enter the top 20 countries by 2018; nevertheless our country is showing a positive trend every year: […]
31Oct

Special Offer for Recruitment

For all Awara clients, we are offering a reduced rate for recruitment services – 16% of the candidate’s annual compensation Awara finds truly valuable employees for you. We specialize in search and selection of top and middle managers, as well as highly qualified specialists. Starting November 1, we are reducing the rate on all recruitment […]
22Oct

The Government Is Preparing a Series of Measures to Improve Business Climate

Doing business in Russia will become easier: the Ministry of Economic Development, with the participation of entrepreneurs, has prepared a set of measures within the framework of the Transformation of Business Climate Plan (TBC). This project is not temporary: every six months the list will be updated with new initiatives. Already the first package of […]
03Oct

Ensure Your Foreign Employees Are Registered in Compliance with Migration Regulation Requirements

President Vladimir Putin signed the draft law on introducing changes to the procedure for migration registration of foreign citizens in Russia. It specifies the address at which a foreign national or a stateless person must register after coming to Russia, as well as who is responsible for the registration procedure. Residence address Under the law, […]
29Aug

20 Years Anniversary in Russia

August 2018 marks a special anniversary for our company. 20 years ago we started to support our clients in Russia, with the foundation of the Awara group of companies. Since that time a lot has changed. We have increased the number of our employees and clients significantly and expanded our activities. Though, our principles have […]
25Jul

VAT rate in Russia will be increased from 18% to 20% as of January 1, 2019

Vladimir Putin signed a bill increasing the rate of Value Added Tax from 18% to 20%. The increase will be effective starting from January 1, 2019. At the same time, Russia will keep the current reduced VAT rates (10% and 0%) for socially important goods and services. Thus, by the end of 2019 the budget […]
22Jun

Russia’s Q1 GDP growth was 5.8%, but government reports 1.3%

Having successfully adapted to the sanctions onslaught and fueled by growing oil prices Russia’s GDP surged in real terms by 5.8% in the first quarter of 2018. But the Russian government has decided to downplay the success by reporting an understated GDP growth of merely 1.3% even in the face of a string of other […]