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01Mar

Annual General Meetings of a Russian Subsidiary in 2021

Remember to Properly Hold and Document the Annual General Meeting of Shareholders of Your Russian Firm This time of the year all Russian companies should hold Annual Shareholders Meetings. Even when a formal meeting is not held it is important to make proper records and documentation of all shareholders’ decisions. Unfortunately, corporations frequently fail to […]
  • Posted by Eugene Isaev
  • On March 1, 2021
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18Jan

Russian Statutory Audit: Criteria, Characteristics, and Penalties in 2021

We want to remind you that every company is required under Russian law to conduct statutory audits of 2021 in cases when: The results of the statutory audit of accounting (financial) statements must be entered in the Unified Federal Register (http://www.fedresurs.ru). To log in and submit information it is necessary to obtain a certificate of electronic […]
  • Posted by Sergey Minyailo
  • On January 18, 2021
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14Jan

Scheduled Inspections for Russian Businesses in 2021

Every year the Prosecutor General’s Office of the Russian Federation publishes a list of companies that are subject for scheduled state inspections. You can find the inspection plan for 2021 here. Please also note that apart from the official plan, a number of unscheduled spot checks (e.g. a tax inspection) may be initiated by the state […]
  • Posted by Awara
  • On January 14, 2021
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28Oct

From October 5 to November 29 Moscow Employers Are Obliged to Transfer at Least 30% of Employees to Remote Work. The Transfer Must Be Reported at mos.ru Website.

From October 12, 2020, every Monday employers must submit to the Moscow Mayor’s Office a report on remote employees and those who are going to work in the usual mode. Information is sent through the personal account of the legal entity or IE on the website mos.ru. To submit data, you need to download and […]
  • Posted by Awara
  • On October 28, 2020
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26Jun

The Personal Income Tax Rate for the “Rich” Will Increase From 13% to 15%

Russia Will Have a Progressive Scale of Taxation: The Personal Income Tax Rate for the “Rich” Will Increase From 13% to 15% Vladimir Putin announced the increase of personal income tax rate from January 1, 2021 during his last address to the citizens of Russia. The change will affect those who earn over 5 million […]
  • Posted by Awara
  • On June 26, 2020
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21May

Awara Anti-crisis Support Measures: We Reduce Our Recruitment Rate from 19% to 13%

Referring to statistics from hh.ru analysts,  37% of companies plan to dismiss part of their staff during next six months. However, 21% of organizations are talking about the opposite process – they are going to hire new employees. For such companies who are looking for growth and new talents for their business, we are launching […]
  • Posted by Awara
  • On May 21, 2020
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