Home › 

News & Blog

01Jun

Simplification of Employment of Highly Qualified Foreigners in Russia

From July 01, 2010 the procedure for employing highly qualified foreign specialists in Russia will be considerably simplified. Previously, foreign nationals could obtain a work permit for a year regardless of their qualifications. Now, highly qualified foreign specialists may obtain a work permit and a work visa for up to 3 years. Moreover, companies will […]
  • Posted by Awara
  • On June 1, 2010
  • 0 Comments
    • Read More
08Jan

Jon Hellevig at BBC Interview

Jon Hellevig at BBC interview assessing Russia’s record in coping from global recession Click here to listen to or save MP3 audio file (Please listen to the whole file.)
  • Posted by Awara
  • On January 8, 2010
  • 0 Comments
    • Read More
26Aug

New Social Security Charges (Social Tax) System

The system and rates of employers’ social security and pension contributions is due to change from January 1, 2010. We have noticed that the information circulating in the press regarding these changes is incomplete and misleading. Therefore we want to take this opportunity to briefly explain the current Social Tax system and the upcoming changes. […]
  • Posted by Awara
  • On August 26, 2009
  • 0 Comments
    • Read More
10Aug

Legal Alert on Negative Net Assets

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 […]
  • Posted by Awara
  • On August 10, 2009
  • 0 Comments
    • Read More