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About Alinga | |
 14.12.09
Best wishes for a joyous holiday season from the Alinga Market Update. May you be blessed with health, confidence, and success and may the challenges of 2009 push you to growth in 2010.
Alinga is also still interviewing for a new Head of Legal Practice. Contact us if you or someone you know is qualified and interested in working for a dynamic, internationally focused business services firm.
If you have comments, questions, or suggestions on other ways we can improve our site and newsletter, please contact the editor! To subscribe to this newsletter, send an email with "Subscribe Alinga" in the subject field to our editor.
Alinga News!
Alinga Auditor To Present On Payroll Issues On Tuesday, Dec. 15, 2009 Zarplata Magazine is holding a conference entitled "Salary and Tax Considerations" in the hotel Katerina. Zarplata is the first professional publication that is completely devoted to the topics of salary calculation and maintaining labor accounting records.
Alinga Presents On LLC Registration Many entrepreneurs are facing new problems as a result of the changes in the legislation on LLCs and the subsequent re-registration. The business seminar held by the Moscow Chamber of Commerce on Dec. 2, 2009 shed some light on many of the problems.
On Friday, Dec. 4, 2009, the Russo-British Chamber of Commerce held its annual Christmas Cocktails event in Sheraton Palace Hotel in Moscow.
Changes To Vacation Days For 2010 Calendar Year Deputy Head of the Russia's Federal Labor and Employment Service Ivan Shklovets announced to RIA Novosti that the upcoming New Year holiday period will be extended.
Salary Differences Between Russian Cities Differences in salaries between Moscow, St. Petersburg, Rostov-na-Donu, and Ufa.
Many To Receive New Year's Bonuses More than one-third of Russian companies are paying year-end bonuses to their employees.
Employers have stopped pampering their employees with benefits.
There is much more "Accounting and Payroll" information available in the Russian version of this same newsletter!
Review Of Recent Changes To Tax-Related Legislation In The Russian Federation This monthly Russian-language service from Alinga and regular feature of the Alinga Market Update is designed to bring your financial personnel a broad view of recent changes to the Russian Tax Code. Forward this link to them!
Paying Taxes 2010 - The Global Picture This is the fifth year that the World Bank Group’s Doing Business project has included the "paying taxes" indicator. The indicator measures the ease of paying taxes in 183 economies around the world.
Audit Services Manadatory In Two Instances The Russian Finance Ministry posted an informational report on its website covering general questions it has been receiving regarding Federal Law #307-FZ from 12-30-2008, "On Auditing Activities."
Federal Tax Service's Income Down By One-Third On its website, the Federal Tax Service has reported tax contributions to the federal budget for the January – October 2009 period.
Ministry Of Finance Continues To Register Self-Regulating Auditing Companies According to their website, Russia’s Ministry of Finance passed a decision on November 26 to require that the Moscow Auditing Chamber add all non-commercial auditing organizations to the State Register of Self-Regulating Auditing Organizations.
Russian Enterprises Will Have Increased Tax Obligations In 2010 Russian businesses have a whole new set of changes in the tax system in store for them beginning in 2010. The tax load will be higher than it was before.
Tax Authorities Unable To Justify Tax Rebates A contractor’s violation of duty is not found to be proof of receiving tax rebates.
Field Tax Inspections Are 100% Effective Field tax inspections currently being carried out are 100% effective, claims Tatyana Shevtsova, the Deputy Head of the Federal Tax Service.
VAT Received By STS Users Not Considered Income The amount the business owner received as VAT under STS is not part of his income to be taken into account when calculating the amount of tax he should pay.
An End To The Re-Registration Misery The State Duma has introduced a bill to release OOOs (LLCs) from liability if they are not able to re-register their charter documents by January 1. Business owners are glad that the misery of standing in long lines at the registration department will soon be over.
Confidential Bank Information Inaccessible To Police The police soon may not have the authority to independently demand information from banks on their operations or on companies' accounts during tax inspections.
Government Officials Don't Know The Law A poll carried out by The Center for Economic and Financial Research (CEFR), in cooperation with the World Bank, questioned regional officials about reforms to government regulations.
Fines To Be Imposed For Violating Business Inspection Rules Fines for officials who carry out inspections improperly will range from 3000-5000 rubles.
Illegal Entrepreneurship Should Not Carry Strict Punishment A draft bill referred to the State Duma on Wednesday suggests that illegal entrepreneurship should not be punished as strictly as revenues' laundering.
PwC Ranks Russia At Top Slot In Company Fraud And Corruption The world's most fraudulent economy has done little as compared to other BRIC countries Brazil, India and China to stop such crimes during global financial crisis, the survey observed.
RF Govt Cuts Two Times Number Of Paid Services For Businessmen The list comprises a total of 19 paid services. Officials have no right to make businesses pay for something else.
The following resource is meant to quickly introduce the reader to some of the major English-language commentary concerning the current financial crisis in Russia, how that crisis might affect Russia's government and ruling structure, and what the international outlook is for Russian business.
Audit and Taxation Legal Accounting and Payroll Questions? Ask Alinga's Experts!
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Growth in 2010 will also depend on how well-developed your strategies are. While you have already given thought to business and marketing, you should not neglect your accounting and tax strategy, which are equally as crucial. 
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