17Jan
Putin the Pontiff – Bridge Maker
- Posted by Jon Hellevig
- On January 17, 2019
- Comments 1 Read More
14Jan
Scheduled inspections for Russian businesses in 2019
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 2019 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 […]
26Dec
Offshore Zones Will Tighten Control over Tax Residents
Offshore zones ― including popular jurisdictions such as the Cayman Islands, Bermuda, the Isle of Man, Guernsey and Jersey ― are establishing new requirements for residents: companies will be required to open real offices and hire employees. As a result, the costs of an offshore company will be comparable that of a European one. The […]
28Nov
Don’t Lose Revenue in 2019 Because of a New VAT Rate
Due to Inaccurate Specification of Prices in Contracts Your Revenue Could Be at Risk. Check the Terms of Pricing in Your Agreements in the Context of Increasing the Tax Rate of VAT up to 20% Starting from January 1, 2019, the VAT rate will be set at 20% instead of 18%.[1] The new rate applies […]
28Nov
AN AWARA ACCOUNTING ECONOMIC ANALYSIS: Russia’s Economy Strong and Stable – Cold War, Arms Race, Liberals, and Other Challenges
- Posted by Jon Hellevig
- On November 28, 2018
- Comments 3 Read More
19Nov
07Nov
Questions to Consider When Financing a Russian Company (Business Operation)
This article discusses issues which should be taken into consideration when planning the financing of a Russian business. In the long-run, the financing would certainly have to happen through profitable operations, but here we present other options until that point is reached. LIST OF CONTENTS: Financing through share capital injections Contributions to assets Interest on […]
- Posted by Eugene Isaev
- On November 7, 2018
- Comments 0 Read More
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 […]