Expansion of the prosecutor's powers in the arbitration process
From October 18, 2022, amendments to the Commercial Procedural Code of the Russian Federation will come into force, according to which the powers of the prosecutor in the arbitration process will be expanded. [1] Read more
Roskomnadzor made official comments on latest changes in regulation of personal data
From September 1, 2022, amendments to the law "On Personal Data" will come into force. At present, processors must notify Roskomnadzor (The Federal Service for Supervision of Communications, Information Technology, and Mass Media) about the start or continuation of any processing of personal data, except when the data is processed in order to protect the security of the state and public order, transport security, or if the processor processes the data exclusively without any automation equipment.
Currently, the updated form of the notice has not been approved; it will become available after approval by separate order of Roskomnadzor. Prior to that, PD processor can fill out a form approved by Order No. 94 dated 30.05.2017 on Roskomnadzor’s Personal Data Portal or can send this notice in hard copy to the local office of the agency at the processor’s place of registration.
After entry into force of Roskomnadzor’s order establishing a new notification form, the processor may send a notice of changes made to the information previously submitted to the Register of Data Processors Processing Personal Data.
No deadline for notifying Roskomnadzor about personal data processing has been determined. Thus, September 1, 2022 is not the deadline for submitting a notice on personal data processing.
- 13.12.2022 New requirements for personal data operators from September 01, 2022
- 02.02.2023 Starting from March 1, 2023 Roskomnadzor can prohibit international transfer of personal data
- 17.03.2023 How to Register Transborder Data Flows in Russia: A Step-by-Step Guide
Negative net assets. Consequences for companies
If a company is unprofitable for several years, it might end up with negative net assets. We describe below the possible consequences of negative net assets.
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Transfer pricing, Benefits for SME, Labor Costs Optimization & Risks of Terminating Business in Russia
Details
Date and time
June 9, 2022, from 15:00 to 16:30
Admission
Free
Language
Russian
Platform
MS Teams
Speakers and topics
Olga Mazina
Actual issues of transfer pricing for foreign companies
- Legislative norms 2021-2022, latest changes
- Reporting of international groups of companies
- Eliminate transfer pricing risks
Evgeniy Sumin
Small and medium-sized business entity status for companies with foreign participation
- Procedure for inclusion in the register of SMEs, practical aspects
- Benefits and preferences for SMEs in 2022
Anna Reznikova
Options to reduce financial costs for staff in the current economic situation
- Change of work schedule
- Increasing labor productivity
- Staff optimization
- Grant of leave
- Reducing other expenses
- Savings on fines
Valentin Orlov
Risks arising for company and its management in case of terminating business in Russia
- Violation of public obligations
- Violation of obligations to contractors and employees of organization
- Subsidiary liability of controlling persons for organization debts
- Risk mitigation options for foreign management of companies in Russia
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Brief overview of mandatory COVID-19 vaccination for workers in Moscow
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Although this was not necessary, many employers used to conduct a special assessment of working conditions every 5 years Read more
Provisions on remote work added in the Russian Labor Code
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