Forex dealers to stop operating in Russia after the New Year - page 3
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Of course, representation is subject to registration in the Russian Federation
Thank you, that's all I needed to know.
Again, the main point is that a representative office is a Russian tax agent.
Again, the main point is that the office is a tax agent of the Russian Federation.
This is already clear, the question is what documents should be used to prove the tax deduction.
And, if you have a service contract signed not through a representative office, but directly with the head office, then there could be options...
We probably don't have dealers. Probably branches of foreign companies, offshore. Local ones, if there are any, are gambling companies.
All those who are materially located in the Russian Federation must be registered either as representative offices or as separate legal entities.
Or to carry out their activities through agents.
Were you officially employed by the company and officially paid in US dollars?
Not everything they do is legal....
According to my observations, the bigger the firm, the sillier and more fatal are the mistakes on the legal, tax and accounting planes.
Not everything they do is legal....
According to my observations, the bigger the firm, the sillier and more fatal the mistakes on the legal, tax and accounting planes.
There was somehow twisted, I am not aware of all the intricacies, I was an ordinary developer - programmer. I only remember that I was surprised at some things. When I arrived in the States, I was given two laptops, one for work and one as a spare. I did not sign anything, I took them to St. Petersburg and they remained with me. I asked for a spectroanalyzer for $100000 - they sent it through FIDEKS in a week.
And when I needed a high-quality sound card for the generation of test signals (I programmed digital sound paths), I had to ask for one from a black box and buy it in St. Petersburg ))) The $300 card for signal generation didn't go through in the states. But if I had asked for a cool, certified oscillator for about 100 bucks, it would have been a different story. And the fact that it would be easier for a Russian engineer to write a music generator programme (I was using Matlab) and get the signals I wanted via a good quality card, instead of limited set of ready-made signals, was difficult for the americans to understand. You need an oscillator for signals, and the card is for music, full stop.
On the other hand, I scratched a rented Pontiac, I called it up, and all they asked me was, 'Did you call the police? I said no. Well, go to the rental company, write there the cause of damage and get a new one )). And no explanations or anything.
Somehow it was tricky, I am not aware of all the intricacies, I was just an ordinary developer - a programmer. I only remember a few things that surprised me. When I arrived in the States, I was given two laptops, one for work and the other as a spare. I did not sign anything, I took them to St. Petersburg and they remained with me. I asked for a spectroanalyzer for $100000 - they sent it through FIDEKS in a week.
And when I needed a high-quality sound card for the generation of test signals (I programmed digital sound paths), I had to ask for one from a black box and buy it in St. Petersburg ))) The $300 card for signal generation didn't go through in the states. But if I had asked for a cool, certified oscillator for about 100 bucks, it would have been a different story. And the fact that it would be easier for a Russian engineer to write a generator generator programme (I was using Matlab) and get the signals I wanted via a good quality card, instead of limited set of ready-made signals, was completely incomprehensible to the americans. You need an oscillator for signals, and the card is for music, full stop.
On the other hand, I scratched a rented Pontiac, I called it up, and all they asked me was, 'Did you call the police? I said no. Well, go to the rental company, write there the cause of damage and get a new one )). And no explanations etc.
That's another story - lack of control. But it is often the case with representative offices - a high-risk asset which nobody knows when it will yield income, but one thing is clear - you need to spend money on it to increase the probability of return.
An interesting story has been told: in big business, everything is divided into areas of competence, which is not bad, but as a rule, it is mismanaged.
This is a different story - the lack of control over how funds are spent. But this is so often the case with representative offices - a high-risk asset that you do not know when it will bring in income, but one thing is clear: you have to spend money on it so that the probability of return increases.
An interesting story has been told - big businesses in general are divided into zones of competence, which is not bad, but mismanaging, as a rule.
In principle, yes, Genesis was a high-tech company. For example, at our St. Petersburg branch our circuit designers were doing hardware design for Display Port, which at that time no one knew, chip design for television sets and displays. I remember that at first I was amazed that Russia had any specialists at all in designing modern chips in a non-military field.
The firm developed the world's first single-chip digital television, which at the time (2006) no one else could do. Then the big players like Samsung and others produced them. Incidentally, after cooperating with Samsung none of our people bought Samsyng's products.)
Then the crisis struck and the company was bought by the STMicroelectronics monster for its patents and shut everything down. It made me feel nostalgic ))