Russia Briefing is a magazine and daily news service about doing business in Russia. We cover topics relating to the Russian economy, the market in Russia, foreign direct investment and Russian law and tax. It is written in-house by the foreign investment professionals at Dezan Shira & Associates
MICEX Index
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Russia – Outlook For 2012
The year 2011 was a good year for Russia economically and the year 2012 is looking promising, with economic growth likely to be close to 4 percent and inflation around 5-6 percent in 2012.
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Payroll Processing and Employment Law in Russia
Payroll processing in Russia is significantly more rules-based than in Western countries and newcomers to the country are generally surprised by the bureaucracy created by what appears to be overly demanding requirements.
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Payroll in the CIS Countries: Pitfalls and Advice
Personal income tax rates in the majority of the CIS countries is governed by federal law and easy to calculate; in Russia and Belorussia, 13 percent, in Kazakhstan, 10 percent, in the Ukraine, 15-17 percent. However, despite the apparent simplicity, payroll in the CIS countries is not without its complexities. Here, we discuss common pitfalls and provide advice.
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» Severance Pay Subject to Individual Income Tax
» U.S. Eases Financial Sanctions on Myanmar
» Myanmar Investment Legal, Tax and Operational Issues
» China and Japan Hold High-level Maritime Negotiations
» Foreign Workers Permitted to Withdraw from Provident Fund
» India Issues Re-Assurances over Tax and Retroactive Legislation
» Foreign Franchises Interested in Vietnam Market Entry
» New Issue of Vietnam Briefing: Vietnam’s Provinces, Regions and Key Economic Zones
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Dezan Shira & Associates provide a range of services for companies looking to undertake foreign direct investment into Russia and Asia. These include corporate establishment, accounting, tax, payroll, audit and due diligence. To learn more about our practice, and our partner firm in Moscow and St.Petersburg, please contact us at russia@dezshira.com. Download our corporate brochure or visit at us www.dezshira.com.
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