Russian labor law has seen a contentious issue arise in non-compete agreements, with the Russian government’s actions to strengthen entrepreneurship and business growth affecting their legitimacy. In Russia, non-compete agreements, known as ‘ogranichenie konkurentsii,’ have been in implemented for many years, mostly favored by large corporations. These agreements restrict an employee’s ability to work for…
Russian employment law: key considerations for employers When it comes to hiring staff in Russia: complex laws and regulations, employers must comply with a vast array of laws and regulations that govern employment relationships. Ignoring these obligations can lead to significant fines and penalties, as well as damage to the employer’s reputation in Russia. According…
Online business registration in Russia is a process that allows entrepreneurs to register their business from the comfort of their own homes or any other location with a reliable internet connection. This process has become increasingly popular in recent years due to its convenience and efficiency. To start the online business registration process in Russia,…
Doing business in the EAEU region can be a lucrative opportunity for companies looking to expand their market reach into a vast and diverse area spanning across Eurasia. The Eurasian Economic Union (EAEU) is a free-trade area consisting of four leading economies: Russia, Belarus, Kazakhstan, Armenia, and Kyrgyzstan. In order to facilitate trade and investment…
Applying for a permanent residence permit in certain countries, like Russia for individuals who wish to live in the country for an extended period. This process is commonly known as obtaining a Permanent Residence Permit which is often shortened to VНЖ . Here, we will provide guidance through the necessary steps in the application process…
Opening a bank account in Russia as a foreigner can be a complicated and time-consuming process, but with the right information and preparation, it can be made more streamlined and efficient. Here’s a step-by-step guide to help you through the process. Firstly, it’s essential to choose the best bank for your financial goals and type…
Obtaining a Russian tax identification number, also known as the Individual Taxpayer Number INN, is a straightforward process that can be completed in person. However, there are certain requirements that need to be met before proceeding. Firstly, one must have the necessary documents, which include a valid passport, registration with the migration service temporary or…
Translating academic diplomas for Russian recognition is a critical step for individuals who have obtained higher education from foreign universities and plan to work or study in Russia. The process involves translating the diploma from the original language into Russian, and then notarizing it to verify its authenticity. In this article, we will provide a…
Applying for a work permit in Russia involves a lengthy process but it is essential for foreigners who wish to work in the country. Here’s a step-by-step guide to help you navigate this process. Before you begin the work permit application, you need to have a job offer from a Russian employer. The employer must…
The patent filing process in Russia is a complex and bureaucratic system that can be challenging for both foreigners and local inventors alike. Russia has a complex and bureaucratic patent system, which can be challenging for both foreigners and local inventors alike. In this article, we will discuss the patenting process in Russia and provide…