SCHNEIDER GROUP News

The tax legislation of the Republic of Kazakhstan (RK) has been amended to include a number of changes affecting social contributions, VAT treatment of pharmaceuticals, mandatory state pension contributions and tax audit schedules.

The special regulation approved by the Ministry of Finance for transactions with offshore jurisdictions will have a number of implications in the area of compliance, notification procedures, relations with companies and preparation of justifications.

The new law raises the minimum salary for foreign highly qualified specialists, regulates the timeframe for issuing work permits and regulates other important aspects of HQS labour activity in Russia.

In an interview with the German magazine Der Mittelstand, SCHNEIDER GROUP founder and CEO Ulf Schneider talks about the current transformation processes in world trade, the adaptation strategies for the new reality and the growth potential in Central Asia and the Caspian region.

New presidential decree institutionalises the possibility of temporary management of assets of persons from "unfriendly" countries.