News - Russia

1. FCDO continues to advise British nationals against all travel to Russia.

   Russia 7/18/2023 2:28:30 PM

   Russia’s ongoing invasion of Ukraine means the situation in Russia is unpredictable. This includes:

2. FCDO advises against all travel to Russia

   Russia 7/18/2023 2:26:43 PM

   FCDO continues to advise British nationals against all travel to Russia. Russia’s ongoing invasion of Ukraine means the situation in Russia is unpredictable. This includes:

3. Providing professional and business services to a person connected with Russia

   Russia 2/8/2023 7:58:01 AM

   Guidance on the services sanctions contained in Russia (Sanctions) (EU Exit) (Amendment) (No. 14) Regulations 2022.

4. Notice to exporters 2022/22: introduction of additional sanctions against Russia

   Russia 7/27/2022 8:00:25 AM

   This notice sets out additional sanctions measures on Russia.

5. Russia: economic measures to fight COVID-19

   Russia 3/27/2020 9:13:05 AM

6. Exporting to Russia after Brexit if there’s no deal

   Russia 10/1/2019 11:01:20 AM

   Guidance explaining changes for UK exporters to Russia if we leave the EU with no deal.

7. Brexit no greater time to explore new and unchartered territories across the globe

   Russia 4/23/2018 3:07:43 PM

   Edinburgh-based translation business, weRtranslations led by management team, Paul P Kenny and Maria Graves, weRtranslations has a worldwide client base.

8. Do you plan to open a subsidiary or representative office in Russia?

   Russia 7/6/2017 9:10:56 AM

   Have you already started a research yourself? If yes, you are familiar with how complicated that can task can be. Obviously, setting up a new business is not only about choosing the correct legal entity type. Its about accounting, reporting, employment, payroll and many more.

9. Increase fines for violation of legislation on personal data

   Russia 4/12/2017 9:37:46 AM

   From July 2017 there will be a significant increase in administrative fines for violation of legislation on personal data:

10. Ulf Schneider celebrates 15 Years in the East

    Russia 8/8/2016 12:37:39 PM

    Moscow, 10 August 2016 – Managing Partner and Founder of SCHNEIDER GROUP, Ulf Schneider, recently celebrated his 15 year anniversary of being in Moscow and the East. On this occasion he reviewed his accomplishments and contributions in the Russian-speaking countries

11. SCHNEIDER GROUP August 2016

    Russia 8/3/2016 12:41:04 PM

    Digital products and online services Foreign suppliers have to pay VAT

12. SCHNEIDER GROUP moves to the new office in Kazakhstan

    Russia 8/2/2016 11:58:10 AM

    Moscow, 2 August 2016 – SCHNEIDER GROUP, international consulting company, is pleased to announce about the movement of one of its Kazakhstan’s branch offices in Astana to a new place

13. Do you want to sell to the Russian market with your online-shop?

    Russia 8/1/2016 1:15:39 PM

    SCHNEIDER GROUP offers support for companies operating in Russia and the CIS/Poland and helps foreign firms entering these markets.

14. British Ambassador to Russia comments on EU Referendum

    Russia 6/27/2016 4:08:59 PM

    Ambassador Laurie Bristow’s opening comment at the Russian Academy of Sciences Institute of Europe round table on the UK’s EU Referendum

15. Expert Recruiting in Russia

    Russia 4/7/2016 2:25:52 PM

    In our twelfth video our expert explains what makes the Russian employment market unique, what can be expected in the near future and what can be done to increase loyalty among employees in a company besides an attractive salary.

16. IT / ERP Systems in Russia

    Russia 3/31/2016 11:16:25 AM

    In our 11th expert interview you will understand what is special about ERP in Russia, what is the difference to western countries and whether you can perform customized reporting in 1C.

17. Internal Controls in Russia

    Russia 3/25/2016 9:51:12 AM

    In this video we explain the difference between an internal and external audit, why the shareholders and the management of a company need internal audit services when it already has external auditors and why is it important for the companies to have internal control procedures?

18. Taxation in Russia

    Russia 3/25/2016 9:48:45 AM

    In this video our expert explains why clients normally approach SCHNEIDER GROUP for assistance in connection with tax law matters, what are the main kinds and rates of taxes in Russia and what are the most typical tax law questions we are being asked by our clients.

19. Transfer Pricing in Russia

    Russia 3/25/2016 9:46:22 AM

    In this video we explain what transfer pricing is, how the control is performed and how SCHNEIDER GROUP can help.

20. Accounting in Russia

    Russia 3/25/2016 9:42:10 AM

    In our expert interview we explain what are the advantages of using an outsourced accounting firm for accounting in Russia, what kind of reports we can offer our clients and what other options for process optimization SCHNEIDER GROUP offers.

21. Office Sublease in Russia

    Russia 2/29/2016 8:48:46 AM

    In our sixth expert interview we explain what are the advantages of fully equipped office premises, what does SCHNEIDER GROUP offer, how well these offices are equipped and what are the differences to other office spaces?

22. Doing Business In Russia

    Russia 2/17/2016 9:13:51 AM

    This is the 4th edition of the Maxima Legal guide to the principal legal aspects of conducting business in Russia.

23. Event Management in Russia

    Russia 2/10/2016 3:40:46 PM

    In our fourth expert interview we explain what exactly SCHNEIDER GROUP offers within event management, for whom this offer might be interesting and what are the advantages of booking a conference room at SCHNEIDER GROUP compared to a hotel?

24. Business Set Up in Russia

    Russia 2/4/2016 4:10:56 PM

    In our third video you will learn what kind of legal assistance is usually required when setting up business, whether there are any limitations of doing business in Russia without establishing a legal presence and what is required in order to register an LLC in Russia.

25. Import and customs in Russia

    Russia 1/28/2016 9:23:57 AM

    This is the second from our twelve expert interviews. In this video our expert explains what needs to be considered for the import of goods into Russia and the Eurasian Economic Union, what new factors must be considered and what is expected to change in near future.

26. Market Entry Fast Track

    Russia 1/21/2016 12:24:01 PM

    Welcome to our series of expert interviews! In the first video (out of 12 in total) we explain how to enter the Russian market and minimize the risks involved, whether you need a partner for entering the Russian market and how to find distributors in Russia?

27. Seemed impossible, real now: unmissable opportunities of employment outsourcing Part 2

    Russia 1/20/2016 9:58:36 AM

    In our previous news we wrote about trends that give rise to increasing popularity of employment outsourcing and emphasized the unique benefits it gives to businesses. In today's post I would like to touch on how companies of different sizes can benefit from apparent benefits of this business phenomenon.

28. Exclusive Partnership Offer

    Russia 1/20/2016 9:54:43 AM

    Exclusive Partnership Offer from Acumen International in 33 countries Instantly access emerging markets in ex-Soviet Union, Eastern and South-Eastern Europe plus Central Asia.

29. Seemed impossible, real now: unmissable opportunities of employment outsourcing Part 1

    Russia 1/20/2016 9:40:46 AM

    As businesses rapidly grow, the challenges for them multiply daily. Competition rises with increasingly simpler and broader ways of starting a business, cash reserves are required to meet all obligations and handle arising downturns, projects, both short- and long-term, may involve participants from different time zones and speaking several foreign languages. When it comes to employees required to do the job, they may literally live anywhere in the world.

30. Export to the Eurasian Economic Union

    Russia 1/4/2016 11:50:58 AM

    Despite the difficult political climate, trade between Russia and Europe has not stopped. However, the financing options have deteriorated significantly since the beginning of sanctions. Helge Masannek

31. Size doesn’t matter in exporting

    Russia 11/30/2015 10:26:29 AM

    Companies of all sizes have equal chances to succeed in new and emerging markets

32. CEO Guide to Doing Business in Russia

    Russia 9/15/2015 5:31:56 PM

    CEO Guide to Doing Business in Russia will enable companies and individuals to build their networks, understand how to do business in Russia, and connect with business partners worldwide, this book will increase your opportunities to meet and engage with potential partners

33. British Embassy Moscow statement regarding visa service in Russia

    Russia 8/6/2015 4:24:07 PM

    British Embassy Moscow issued a statement in response to allegations by the Russian Embassy in London about the treatment of Russian citizens seeking to enter the UK.

34. Changes to the visa service in Russia - August 2015

    Russia 8/4/2015 1:19:44 PM

    UK Visa and Immigration introduces new changes to visa services in Russia

35. The General Director in Russia: Recent changes in legislation and trends

    Russia 7/10/2015 9:16:27 AM

    We would like to inform you of important changes in Russian legislation with regards to the responsibility of General Directors and Shareholders.

36. Frankfurt office moves to FRA Airport

    Russia 4/21/2015 9:28:34 AM

    Within 3 years of existence, our Frankfurt office established a reliable contact point for our clients and partners in Germany’s financial center. Taking into account that Frankfurt is not only a financial center, but also one of Europe’s most important logistics hubs, we decided to move to Germany’s largest business center THE SQUAIRE at Frankfurt Airport.

37. Changes to Accreditation of Branch and Representative Offices in Russia

    Russia 2/9/2015 2:14:39 PM

    What is changing? Single state agency with authority over accreditation – The accreditation of Offices will be handled by a single state agency (hereinafter – the “SSA”). While it is currently not clear which agency will be appointed to deal with the accreditation of Offices, it is widely presumed that the Federal Tax Service of the Russian Federation (hereinafter – the “FTS”) will be responsible for the accreditation of Offices.

38. Embargo for Crimea?

    Russia 1/13/2015 1:08:19 PM

    Is business activity on the peninsula still possible? On 18th December, the EU announced new sanctions regarding doing business with Crimean legal entities and doing business in Crimea. The next day, the US followed with similar sanctions. Here is an overview of the changes.

39. Will sanctions against Russia come to an end?

    Russia 12/16/2014 8:51:56 AM

    Will sanctions against Russia come to an end? May a citizen of the EU, who works in Moscow for a Russian company, deal with a sanctioned persons? And how can one be sure, he or she stays on the safe side?

40. How to deal with the sanctions labyrinth?

    Russia 10/3/2014 11:11:55 AM

    What do the new sanctions really forbid?

41. Doing business in Russia. Sanctions latest

    Russia 9/18/2014 10:42:08 AM

    Latest information for UK businesses on Russia and Ukraine, including the Crimea,

42. Are The New Import Embargos Of Big Importance?

    Russia 8/27/2014 10:06:00 AM

    Yes, they are. On August 6 and 7, Russia reacted to the sectorial EU-sanctions with an embargo on the import of food and agricultural products from the EU, USA, Norway, Canada and Australia.

43. Notice to Exporters

    Russia 8/18/2014 12:56:47 PM

    Russia added to prohibited destinations for certain licences

44. Doing business in Russia and Ukraine: Sanctions latest

    Russia 8/11/2014 3:48:32 PM

    Latest information for UK businesses on Russia and Ukraine, including the Crimea, following the introduction of EU sanctions on 29 July 2014.

45. A Sanctions War?

    Russia 8/8/2014 11:33:36 AM

    Russia announced massive sanctions against the EU, the US, Canada, Australia and Norway, imposing bans for agricultural imports and food imports as a response to the sectorial sanctions of the EU. What would it mean for you business?

46. Sanctions Affecting International Business

    Russia 8/8/2014 11:28:58 AM

    As new sanctions are imposed by the US and EU, and the consolidated list already includes 167 individuals and companies, a major concern is growing among the international business. We present our new sanctions-related publication.

47. Update for UK companies trading in Russia and Ukraine

    Russia 8/5/2014 1:38:25 PM

    Latest information for UK businesses on Russia and Ukraine, including the Crimea, following the introduction of EU sanctions on 29 July 2014.

48. Latest information for UK exporters on the impact of Russia’s recent intervention in Ukraine and annexation of Crimea on business

    Russia 7/22/2014 9:02:57 AM

    The UK government is keeping our economic engagement with Russia under close review. Some bilateral cooperation and trade support activity is being affected

49. What is the difference between a free trade zone, a customs union and an economic union?

    Russia 7/8/2014 4:11:10 PM

    What is the difference between a free trade zone, a customs union and an economic union? The economic integration of different countries results in the simplification of trade, capital and personal transfers, and it provides economic and social progress. However it is not always understood what exactly defines the different forms of economic integration.

50. EU-US sanctions against Russian Companies

    Russia 6/16/2014 10:36:36 AM

    The EU-US sanctions against Russian companies and individuals forbid any economic interaction with the persons from the sanctions list and companies which are owned for 50% or more by these persons, or controlled by them. A violation of sanctions can be punished very hard: a sanctions violation can cost a company fines over $1,000,000 and imprisonment for managers for up to 30 years (US) or 10 years (Germany or other European countries). Irresponsible action (i.e. negligence) is punishable too.

51. Tax News Russia: Double taxation treaty

    Russia 6/6/2014 9:25:40 AM

    By the letter of the Ministry of Finance No. 03-00-RZ/16236 of 9.04.14 it is established that on the basis of the double taxation treaty only the beneficial owner of the corresponding income abroad can use privileges.

52. What is it – sanctions against Russia?

    Russia 6/3/2014 4:55:44 PM

    To be exact, sanctions against Russia do not exist. There are sanctions of the EU and the USA (and also some other countries, for example Switzerland or Norway) against certain Russian and Ukrainian persons (individuals and legal entities). In total in the lists there are 77 individuals and 20 legal entities (as of 27.05.2014).

53. Tax News Russia: Transfer pricing audit 2014

    Russia 5/28/2014 12:15:03 PM

    Transfer pricing audit 2014 Russia

54. Tax News Russia: Plan of tax system optimization

    Russia 5/28/2014 12:13:09 PM

    Plan of tax system optimization

55. Tax News Russia: Offshore structures

    Russia 5/28/2014 12:11:11 PM

    Fight with offshore structures

56. New US and EU Sanctions. How to Stay on the Safe Side

    Russia 5/28/2014 12:08:42 PM

    On May 13, the EU published an extended sanctions list concerning the Ukrainian crisis

57. German business concerns grow over Russia ties

    Russia 5/28/2014 12:06:36 PM

    German companies are concerned about their business ties with Russia and most oppose economic sanctions

58. Update for UK companies trading in Russia and Ukraine

    Russia 5/1/2014 9:38:55 AM

    Latest information for UK exporters on the impact of Russia’s recent intervention in Ukraine on business.

59. What the Crisis in Crimea Means for Your Business in Russia

    Russia 3/28/2014 12:53:07 PM

    The United States and the European Union are now in open geopolitical conflict with Russia over Vladimir Putin’s annexation of the Crimean Peninsula of Ukraine.

60. New $50 million finance facility to help small businesses export to Russia

    Russia 11/14/2013 9:43:43 AM

    UK Export Finance (UKEF) has signed a Memorandum of Understanding (MOU) with the Russian-based bank, Alfa Bank, to help British firms looking to export to Russia.

61. Vince Cable in Russia to launch biggest ever push to get UK companies exporting

    Russia 11/11/2013 9:19:17 AM

    Business Secretary is in Russia today (11 November 2013) on a trade visit with over 30 British companies to boost growing economic links

62. RUSSIA CONSULTING at the Going Global show in London

    Russia 10/16/2013 11:47:18 AM

    RUSSIA CONSULTING supports companies from all over the world on matters concerning doing business in Russia, irrespective of their size and industry sector.

63. Russian business visa update

    Russia 9/11/2013 4:58:34 PM

    As of September 2013, Russian Federal Migration Service will be requesting additional documents to be submitted in order to obtain an official business visa invitation. These new requirements will apply to the following applicants:

64. Finding and Keeping Qualified Staff in Russia

    Russia 7/17/2013 12:41:33 PM

    Dr. Michael Spaeth, Director for Business Development, RUSSIA CONSULTING

65. Update on Kazakhstan

    Russia 6/20/2013 4:51:49 PM

    The Ministry of Foreign Affairs of Kazakhstan has announced that the new rules of processing Kazakh visas were signed on June 1, 2013 and have come into force.

66. 10 years RUSSIA CONSULTING: Simple Structures – Simply Success.

    Russia 5/31/2013 12:07:25 PM

    RUSSIA CONSULTING is celebrated its 10 years anniversary in April 2013. Back in April 2003 its founder and Managing Partner, Ulf Schneider, former CFO at the Allianz Insurance company in Russia,started off with only two employees. “Back then I thought, if things go really well, I might be running a team of 20 colleagues”, he remembers. Today the company supports clients all over the world with more than 350 employees from its offices in Russia, Kazakhstan, Belarus, Ukraine and Poland.

67. Russian Visa

    Russia 5/21/2013 2:42:15 PM

    All urgent Russian visa applications will be accepted.

68. Seminar by Realia Capital Management in Ekaterinburg

    Russia 4/3/2013 4:51:35 PM

    Realia Capital Management and UKTI team in Ekaterinburg organised a seminar "Land of Stability - Great Britain".

69. Russia touchdown for easyJet

    Russia 4/3/2013 11:01:08 AM

    Ambassador Tim Barrow and British Embassy colleagues were on hand to welcome the first flight of a new British carrier into Russia.

70. Changes to the Russian Law on Bankruptcy

    Russia 1/19/2010 1:33:20 PM

    As a continuation of long-waited reforms of bankruptcy legislation started on January 2009, the State Duma on April 2009 adopted the new Federal Law No. 73-FZ On the Amendments to the Certain Statutes of the Russian Federation (the Amendments, the Statute). The new Amendments emerged as a response to vastly growing number of bankruptcy and insolvency cases as well as asset stripping from bankrupt companies.

71. Shareholders Agreements in Russian Joint-Stock Companies

    Russia 1/19/2010 1:28:44 PM

    Emergence of shareholders agreements in Russian business The possibility to conclude shareholders agreements in joint-stock companies emerged after enactment of the Federal statute, dated June 3, 2009 No. 115-FZ. The Statute amended another Federal statute: On Joint-stock Companies with article 32.1 that determined the form, the status and restrictions at the conclusion of shareholders agreements.

72. Changes in Federal Law On Limited Liability Companies amendments to the by-laws of all Russian companies required

    Russia 1/18/2010 12:28:45 PM

    On December 30, 2008 several important changes were introduced into the Federal Law On limited liability companies which came into force starting from July 1, 2009. The importance of these changes is caused by the necessity of amending the by-laws of all existing limited companies to make them compliant with the new Law. Beginning from July 1, 2009 articles of association and foundation agreements of companies are applied only in the part, which does not contradict the new norms.

73. Russia Road To Recovery?

    Russia 3/18/2009

    Reuters reports an increase in both domestic and foreign investment. Goldman Sachs is predicting improvement from oil, whilst Barclays has begun buying the rouble again.