Newsroom (Russia & CIS)

20.11.2007 Obtaining of work permits & work visas in Russia Important information about obtaining of work permits and work visas for foreign citizens.  [read more]
09.07.2007 Olympics games - 2014 in Sochi: its time to start your business in Sochi! "The decision to host Winter Olimpic games in Sochi demonstrates the recognition of growing capabilities of Russia. The preparation and host the Olimpics in Sochi will provide a powerful impetus to the development of the South of Russia", said the President of Russia Vladimir Putin. [read more]
29.05.2007 Legal address: why tax inspectorate may reject the registration of new company in Russia? Today refusals by tax authorities of the requests to incorporate a new company in Russia (Moscow, Sochi) becoming more frequent. [read more]
12.05.2007 Ministery of Finance of RF explains how to calculate profit tax for representative offices of foreign companies A letter of the Ministry of Finance was published on February 20, 2007 under #03-03-06/1/104 which details the Ministry's opinion on how business expenses incurred by a permanent representation of a foreign company in the RF should be recorded. [read more]
23.03.2007 Ukraine seeks direct gas supplies from Russia In January and February 2007 Ukraine imported 11.076 billion cubic meters of natural gas, according to official estimates. [read more]
01.03.2007 Russian Premier Minister visits Japan to boost ties Russia is interested in Japan’s large infrastructure projects, particularly in the sphere of energy, Russian Prime Minister Mikhail Fradkov said at his meeting with the members of the Japan Business Federation. “Opening our markets to Japanese investors, inviting them to take part in large infrastructure projects, we of course hope for reciprocity,” Fradkov stressed.  [read more]
25.01.2007 Gold and foreign currency reserves up $1bn (Russia) Russia’s gold and foreign currency reserves were $302.7 billion as of 19 January 2007, up $1bn, or 0.3 percent, from $301.7 billion a week before, the Central Bank of Russia has reported. In the previous week ending January 12 the reserves decreased by $2.2 billion.  [read more]
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