Welcome to the regular SCHNEIDER GROUP newsletter with the selection of news and most important regional updates for Russia & CIS in November 2020.
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SCHNEIDER GROUP NEWS
Natalia Wilke and her team will strengthen SCHNEIDER GROUP legal and tax practice
Natalia Wilke, a lawyer with 20+ years’ experience in corporate, commercial, and construction law, will join SCHNEIDER GROUP as the Partner for the Legal & Tax Practice and the Head of the Saint Petersburg office starting on January 1, 2021. Natalia will also bring on board a team of lawyers.
Click here for details.
Get in touch for legal support.
Further steps in the harmonization of market regulations in the EU and the EAEU discussed at the Lisbon-Vladivostok roundtable in Moscow
On November 16th, 2020, Ulf Schneider, President & Founder of SCHNEIDER GROUP, moderated the round-table discussion of the Lisbon-Vladivostok initiative “Concrete steps for cooperation between the EAEU and the EU”. Identification of low-threshold practical common projects for the EU and the EAEU was the focus of this year’s event. Read more here.
COUNTRY UPDATES
Russian software should be installed on electronic devices manufactured or sold in Russia starting 01.01.2021
On November 18, the Government of the Russian Federation approved the list of devices that should have Russian software pre-installed and rules for creating and maintaining the register of the Russian software that should be pre-installed, as well as the rules of installation. Get in touch with the SCHNEIDER GROUP legal team to evaluate if your software can be included in the register for pre-installation.
Inclusion on the list of small and medium enterprises on a monthly basis
Starting November 7, companies that meet the criteria of small and medium enterprises (SME) can be included in the register of SMEs on a monthly basis. The SME status is associated with multiple benefits, including reduced social taxes rate of 15% instead of 30%.
Get in touch with SCHNEIDER GROUP’s legal team to check if you can be included in the SME register and for assistance with the inclusion into the list.
Registration of a business entity with a standard charter
Starting November 25, a business entity in Russia can be registered with one of 36 standard charters. To help companies registering a new legal entity save costs on charter development, SCHNEIDER GROUP offers a Telegram Bot that allows you to easily choose the most suitable option.
Get your standard charter with 7 simple questions here, or get in touch with the SCHNEIDER GROUP legal team for complete company registration support.
Mandatory mask regime is gradually being introduced
Currently, administrative liability is provided for the heads of relevant organizations, while the issue of introducing personal liability for not using masks in public places is being worked out.
SCHNEIDER GROUP Minsk experts offer legal consultancy on the current regulations and their implications for business, as well as anti-crisis interim management services.
Border closures to prevent the spread of COVID-19
Starting November 1, entrance of foreign citizens to the country is temporarily suspended.
Get in touch with the SCHNEIDER GROUP Minsk team for precise explanations of the current entry regime and to find out more how you can ensure business continuity in case your foreign management cannot enter the country.
The Verkhovna Rada will consider a draft law on a preferential regime for IT companies
On November 2, 2020, the Verkhovna Rada of Ukraine registered the draft law No. 4303 “On Stimulating the Development of the Digital Economy in Ukraine” to provide special legal and tax regimes for residents of Diia.City.
Get in touch with SCHNEIDER GROUP Ukraine legal experts for more information on legal and tax regimes for IT companies in Ukraine.
Changes to the rules for currency transactions
The changes include prohibition of use of non-cash foreign currency purchased in accordance with Clause 20 of the Rules for purposes not related to the fulfilment of obligations in foreign currency and provision of additional documents when purchasing non-cash foreign currency.
Get in touch with SCHNEIDER GROUP Kazakhstan for legal support in arranging operations with foreign currency in compliance with new requirements.
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