Seminars

 

London seminar “Doing Business in Russia – A Current Update” – Tuesday, October 3rd, 2006.

 

On Tuesday, October 3rd, 2006 G.S.L. will hold its inaugural London seminar at its office at 60 Cannon Street, London, EC4N 6PJ.

 

Utilising the vast experience of our Moscow office (http://www.startupinrussia.com), who, in conjunction with the Moscow Times, regularly hold successful seminars for companies operating in Russia, we will present an overview of the current Russian business environment for interested parties. Speakers from G.S.L. Moscow and assorted invited guests will provide in-depth analysis of current legal, accounting, tax, immigration and customs issues and be available to answer questions about the current climate from seminar participants. As such, the conference will provide an invaluable opportunity to answer questions you may have about the Russian market, to seek to resolve present questions and concerns and to network with similar businesses. Lunch together with morning and afternoon coffee will be provided for all participants.

 

The program for the seminar “Doing Business in Russia” will include presentations on the following:

 

9.30 am – Introduction

 

  • Investment Climate;
  • Laws Attractive to Investors;
  • Russia within Internationally Binding Obligations;
  • The Foreign Investment Law;
  • Foreign Investors Security;
  • Production Sharing Agreements;
  • Investments Placement in Free Economic Zones;
  • Regulation of Foreign Trade activities;
  • Currency & Customs Controls;
  • Finance and Banking Regulations;     
  • Overview of Recent Developments.

10.15 am - Entering the Market. First Steps

  • Marketing Studies;
  • Looking For a Counterpart;
  • Translation and Interpretation Services;
  • Recruitment Costs and Methods;
  • Salary Rates, Staff Turnover;
  • Business Consulting and Representing a Client in Court;
  • Real Estate: Lease, Purchase, Taxes, Trends;
  • Customs Documentation – successful custom operation

11.00 am – Coffee Break

 

11.20 am - Selecting a Business Entity

 

  • Eligible Forms of Businesses: LLCs, JSCs and Securities Legislation;
  • Establishing a Legal Presence;
  • Affiliate Entities;
  • Procedures for Companies with Foreign Participation;
  • Licensing;
  • Antitrust legislation;
  • Foreign Representations and Russian Branch Offices: Disclosure, Reporting and Filing Requirements.

12.00 pm – Lunch

 

1.00 pm - Tax System. Financial Reporting and Auditing 

 

  • Regulatory bodies;
  • Books and Records;
  • Methods of Accounting and Fundamental Concepts;
  • Tax Liability for Businesses: Taxes on Corporate Income, Capital Gains, VAT, Withholding Taxes, Tax Exemptions, Tax Administration;
  • Audit Requirements;
  • Current Business Practices;
  • Differences between International Financial Reporting Standards (IFRS) and Russian Statutory Accounting Principles.

2.00 pm - Russian Labour Regulations

 

  • Specific Regulations for Foreign Employees;
  • Legitimate Presence in Russia;
  • Responsibilities of Foreign Branch Offices Employing Expatriates;
  • Visa Support and Work Permits for Foreign Employees;
  • Labour Rights of Expatriates;
  • Possible Inspections;
  • Legal Grounds and Entitled Controlling Bodies;
  • Documents for Submission;
  • Inspection Reporting Requirements;
  • Administering Compulsory Documentation;
  • Specific Labour Agreement Arrangements;
  • Payroll Taxes;
  • Liabilities of Employers       

3.00 pm – Open Seminar Forum

 

3.15 pm – Closing Seminar Remarks

 

3.30 pm – onwards – Networking over tea and private meetings

 

Specific details concerning speakers will be confirmed shortly on this website.

 

The cost for attending this conference will be 50 GBP plus VAT.

Should you wish to enrol for this conference or have any question about this event, please contact Rod Milford on + 44 (0) 20 7002 1303 (email enquiries@gsl.org) or complete and forward the attached registration form.

 

The intention is to organise further seminars featuring invited specialist speakers on a going forward basis. Should you wish to contact us about future conference topics and suggested guest speakers, we would welcome your comments.