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21Mar

Quota for 2013 & Extra Quota for 2012

Dear Executives, Please be advised that firms employing expats have to apply for work permits urgently for year 2013 quota. According to the information at hand, the Russian migration authorities require that companies annually apply in advance for the rights to employ foreign nationals. In other words, every year companies must apply in advance for […]
20Mar

Awara’s Managing Partner to Speak at Eduhouse Seminars This Spring

Jon Hellevig (Partner, Awara) will be guest speaker at Eduhouse seminars this spring. The upcoming seminars will be devoted to the “Controlling subsidiary in Russia” and “Repatriation of Profit and Intercompany financial transactions in Russia”. These seminars will take place in Helsinki and the seminar presentations will be in Finnish. If you want to know […]
18Jan

Characteristics of Russian Accounting

A general characteristic of Russian law and its application is that formalities overrule the practical side of business practices. Accountancy is no exception to this. International accounting includes elements of financial reporting, whereas in Russia, accountancy is merely related to the concept of bookkeeping. The accountancy system is regulated by the state, and it is […]
11Jan

Corporate Culture Audit — Awara’s Unique Approach

Awara has the expertise, resources and in-depth understanding of the Russian business environment needed to help our clients build a modern, innovative and winning corporate culture. By a corporate culture audit, we can identify the weaknesses in the corporate culture and help draw a plan for upgrading it so that the company can reach its […]
  • Posted by Jon Hellevig
  • On January 11, 2012
  • business in Russia
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25Nov

Change in Social Tax

Dear Executives, We would like to inform you that on November 23, 2011 the State Duma passed amendments to the laws governing employers’ social contributions (“social tax”). Rates & Scales According to these amendments, the rates and scales of the social contributions have changed. The maximum rate is lowered from 34% to 30% and will […]
  • Posted by Jon Hellevig
  • On November 25, 2011
  • taxation in russia
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23Nov

Hellevig, Klein & Usov Law Firm Joins TELFA with Its Alliance with USLAW

Coinciding with Russia’s imminent accession into WTO, Hellevig, Klein & Usov Llc, attorneys, the law firm of Awara Group, has in November 2011 been invited to join the prestigious alliance of European law firms, TELFA. This is the first time a Russian law firm has been extended this opportunity and now Hellevig, Klein & Usov […]
  • Posted by Eugene Isaev
  • On November 23, 2011
  • taxation in russia
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21Nov

Awara Expanding in Ukraine

Awara expands further in Ukraine with acquisition of Smithbridge After one year of successful operations in Ukraine Awara (formerly known as Avenir) will expand in Ukraine by acquiring the business of Smithbridge, Kiev. Elena Mashkova will continue as the Managing Partner of the Ukrainian business. Managing Partner of Awara comments on the move: “We have known and […]
  • Posted by Jon Hellevig
  • On November 21, 2011
  • taxation in russia
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05Sep

Avenir Is Now Awara

We have decided to change our name from Avenir to Awara in order to better communicate to our clients the uniqueness of all what we do. What’s in a Name? “What’s in a name? That which we call a rose by any other name would smell as sweet.” (Juliet to Romeo, Shakespeare) The Avenir name […]
  • Posted by Jon Hellevig
  • On September 5, 2011
  • taxation in russia
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