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LOCKDOWN, SUPPORT OF BUSINESS, PENSIONS: WHAT WILL CHANGE FOR RUSSIANS IN NOVEMBER

This time the month starts with a week of non-working days. Among other news, there are grants for business and soft loans, as well as the implementation of a large-scale project on the population census. But first things first. Non-working week Non-working days have been introduced throughout Russia due to the record growth in morbidity and mortality ...

Russian government will allocate 38.5 billion rubles to support business

The day before, the Prime Minister Mikhail Mishustin announced a decision of Russian government to allocate funds for business. We are talking about grants in the amount of over 38 billion rubles, the purpose of which is both to retain employees and to provide entrepreneurs with the opportunity to quickly recover from the recession of the fourth wave of COVID-19. According ...

Representatives of business community urged to encourage vaccinated employees with a 4 thousand rubles bonus

... which entrepreneurs are proposed to pay bonuses of 4 thousand rubles to vaccinated employees. In this case, the amount should not be subject to fees and taxes. This was stated by the head of the ‘Support of Russia’ Alexander Kalinin. He noted that business should encourage vaccination, since entrepreneurs have a direct interest in avoiding a new lockdown, reports TASS. Kalinin called the introduction of financial bonuses for workers who were vaccinated a good decision. According to the index of ...

VLADIMIR PUTIN SUPPORTED THE IDEA OF MORATORIUM ON BUSINESS INSPECTIONS

... the initiative of Putin, the government extended the measure until 2021. Now there are prerequisites for the introduction of a moratorium in 2022. Additionally, the participants of the meeting discussed the availability of digital services for small businesses. Putin also noted that this must be done, and the state, for its part, will try to ensure the implementation of the project.

RUSSIAN GOVERNMENT DISCUSSING AUTOMATIC RECOVERY OF DEBTS FROM BUSINESS

The Government of the Russian Federation is considering the issue of automatic recovery of tax arrears from business. Such a measure can be applied when concluding government contracts. At a recent meeting with the Deputy Chief of Staff of the Cabinet of Ministers, Valery Sidorenko, the issue of introduction of automatic debt recovery from entrepreneurs was ...

MOSCOW WILL NOT SUPPORT BUSINESS AGAINST THE BACKGROUND OF NEW ANTI-COVID RESTRICTIONS

The office of the Mayor of Moscow noted that the authorities do not plan to introduce new measures to support entrepreneurs against the background of additional restrictive measures introduced due to an increase in the number of people infected with coronavirus. To a greater extent, restrictions again affected the service sector: food courts and children's play areas in shopping centers, as well as the zoos, were closed for a week. The work of restaurants and bars at night has been limited to delivery...

SERVICE OF BUSINESS INSURANCE AGAINST RISKS OF PANDEMIC MAY BE INTRODUCED IN RUSSIA

... interests associated with the risk of losses from entrepreneurial activity when the conditions for its implementation change. In this case, the occurrence of a pandemic of a disease unknown to science may become an insured event. Small and medium-sized businesses are offered to be insured in this way. It was noted that the occurrence of an insured event takes place when the Russian Government or regional authorities impose a high alert, state of emergency, quarantine or an emergency due to a pandemic....

EXPERTS POINTED OUT THE NECESSITY OF BUSINESS AND MINISTRIES’ PARTNERSHIP

The Association of Lawyers and Law Firms for Registration, Liquidation, Bankruptcy and Pre-trial Representation, together with representatives of the All-Russian public organization Business Russia, organized a roundtable discussion on the subject “Causes of Conflicts between Business and the State” at the Russian Chamber of Commerce and Industry on March 30, 2021. Within the framework of a conversation, the participants discussed ...

ROSSTANDART APPROVED GOST FOR WINE LISTS IN RESTAURANTS

The share of Russian wines in the menu of cafes and restaurants in the Russian Federation should be at least 20% of the entire assortment. The corresponding state standard was approved by Rosstandart. The agency also published recommendations on the design of the wine list. For example, the names in the menu should be written in Russian. In addition, the wine list must specify the producer, the grape-growing zone or area, the country of origin, the year of harvest and, of course, the volume...

VTB WILL TRANSFER ASSETS WORTH 170 BILLION RUBLES TO A NEW LEGAL ENTITY

VTB shareholders (MOEX: VTBR) have approved the creation of a separate legal entity to manage blocked assets. This decision was made at an extraordinary meeting. By the end of 2024, the bank intends to transfer assets and debts to creditors from unfriendly countries to a new separate legal entity. The total amount of obligations is up to 170 billion rubles, Kommersant clarifies. As explained in the VTB press service, such a measure will help to increase the efficiency of asset and debt management...

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