On the discussion Doing business in Russia, the steps to form a company was mentioned. I want to know whether there is a need to have the bank signature cards notarized as what I am reading from the internet. Does anyone know about the requirement? I haven't talked to firms that offer company formation services. I am hoping that someone in this forum could help me understand. Thanks.
Are expats affected by the declining Russian Ruble? While there seem to be a scare regarding this issue globally, I do not see Russians panicking despite the news prior the close of 2014. For us working locally from abroad, I haven't felt anything regarding the decline. How about the others, are you affected by the declining currency issue?
Hi everyone. I need a clarification on these 2 Questions on Labour Law in Russia: 1st: Should Russian staff be allowed leave (local or vacation) after 3 months probation or after completing one year? Or is it left to the employer’s discretion? 2nd: How to deal with lateness of staff? Should the lateness be deducted from their leave or from their salary? Or can they compensate by working supplementary hours? Thanks for your help & regards! Danny
Maybe you have heard that there were a lot of discussions to reduce or remove the limit of 1000 euros per person per month in cross-border purchases in Russia. As I understand now that the Ministry of Finance did not approve changing the limit from 1000 euros to 150 euros. Looks like, there will be more discussions and changes, but for now all stays as in was.