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 be registered only at their place of residence (for instance, rented apartment, hotel, etc.) To register a foreign national’s address of residence, the following additional documents should be submitted in […]

Avenir Group, a leading business administration firm in Russia will start operations in Ukraine through an office in Kiev. The office in Kiev follows on Avenir’s expansion in Russia with offices in Moscow, St. Petersburg, Tver, and Yekaterinburg. Avenir is also present with an office in Helsinki. Jon Hellevig, Managing Partner, comments on the move: […]

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 capital. If, at the end of the second and each subsequent financial year of the company’s activity, net assets become less than the charter capital, the company will have to […]