SCHNEIDER GROUP NEWS, OCTOBER 2020

 

Welcome to the regular SCHNEIDER GROUP newsletter with the selection of news and most important regional updates for Russia & CIS in October 2020.

Need additional information? Get in touch!

SCHNEIDER GROUP NEWS

Package service offer to ensure business continuity of foreign businesses in Armenia

To support foreign businesses struggling with multiple challenges because of COVID-19 and current political situation, SCHNEIDER GROUP is offering the 3-in-1 service package, including interim management, legal support and complete accounting outsourcing for the price of one service. The package is available in 3 options: for micro (up to 5), SMBs (6-15) and medium businesses (16-50 employees).
Read the details here.
Get in touch to ensure continuity of your operations in Armenia.

German consulting also for Russian businesses

“Until recently, we were focused exclusively on Western companies, Now we are actively developing relations with Russian business with financial management, reporting transformation and many other services.”
Ulf Schneider, SCHNEIDER GROUP Founder and President, explains how to start own business in Russia in his interview to the Russian Expert Online magazine.

Read the full version here.

Migration rules compliance checklist for businesses

A set of migration rules governs the stay of foreign citizens in Russia. When inviting foreign employees, it’s important to ensure that they comply with those rules, otherwise inviting companies may face significant penalties. Download our simple checklist that will help ensure compliance with the Russian migration law and avoid unnecessary penalties.
Download the checklist.
Get in touch for professional advice on Russian migration law.

Partnership agreement with Skolkovo Foundation to support the development of the digital economy

As a part of joint projects, Skolkovo Foundation and SCHNEIDER GROUP plan to develop and promote new technologies in the areas of HR-tech, FinTech, and LegalTech for Russian and international companies. The first joint project will be the design of the IT architecture to develop the ecosystem platform, covering all interactions between companies, employees, and applicants. Read the details here.

COUNTRY UPDATES

New wave of restrictive measures in Moscow to stop the spread of COVID-19

Obligatory remote work mode for 30% of employees, provision of remote employees’ personal data to state authorities, mandatory reporting are among the most discussed requirements within the business community. Read more here.
For professional support on arranging remote work mode get in touch with SCHNEIDER GROUP labor law experts.

Extension of the list of countries whose citizens can receive e-visas to enter Russia

Check the list of countries whose citizens will be able to apply for a short-term e-visa to visit Russia, starting January 1, 2021 here.
Get in touch for support in filling out the application questionnaire, application tracking, as well as legal advice regarding the updated procedures.

Changes in the rules for undisputed debt collection

According to the new Presidential Decree the collection of monetary funds from the bank accounts of payers in an undisputed manner is carried out on the basis of executive notes only by the enforcement authorities. Read the details here. Get in touch for professional support regarding the issues related to undisputed debt collection.

Changes in trademark and service mark protection for geographical indications

Now non-residents seeking legal protection of a geographical indication through its registration with the National Center for Intellectual Property (NCIP) must be represented by Belarusian patent and trademark attorneys, unless otherwise provided for in international treaties.
Read the details here. Get legal support with registration of trademarks and service marks

Changes in the sole drafting of primary accounting documents

The sole drafting of primary accounting documents means their preparation and signing, for example, of an acceptance act of work performed (services rendered) by only one party to the agreement, while such a primary accounting document is considered valid for both parties.
Read the details here. Request professional support.

Changes in the Tax Code of Ukraine

Major changes cover the procedures of conducting, processing, and calculating amounts of monetary obligations and appealing the results of tax audits.
Read the details here.
Get support with preparation to tax audits as well as appealing the decision of regulatory authority.

Preferential migration and tax regimes for IT specialists from Belarus

To promote the development of Ukraine’s investment potential and attract highly qualified IT specialists the period of temporary stay in Ukraine of Belarusian citizens should be extended to up to 180 days a year. Read more here.
Get legal support regarding migration rules in Ukraine.

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