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15Feb

Awara Presents its New Marketing Business Unit – Awara Marketing

With Russian business experiences strong growth, it opens up new interesting possibilities for companies seeking to strengthen their market position. Awara has set up a new business unit to assist companies in developing and expanding on the Russian market. To strengthen their position on the Russian market, companies should be aware of this ever-changing market environment, […]
  • Posted by Awara
  • On February 15, 2011
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08Feb

Recent Amendments to Russian Migration Law

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 […]
  • Posted by Eugene Isaev
  • On February 8, 2011
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22Nov

Avenir Expands with New Office in Kiev, Ukraine

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: […]
  • Posted by Jon Hellevig
  • On November 22, 2010
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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 […]
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
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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
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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
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