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Selection of taxation system
Selection of taxation system is one of the challenges entrepreneurs-beginners face with. This decision should be well-considered as how many taxes will be paid and how often the accounts will be filed depends exactly on it...
How to set up a business.
Russian legislation grants the same rights on the issues of business activities realization to foreigners as to the Russian citizens. That is why a foreigner who stays in the country legally can start a business from scratch or just
How to set up your own business - detailed plan
The question of setting up your own business is of concern of many people who want to have a financial self-sufficiency. To set up your own business is a challenge but it becomes easier if you have a detailed plan of actions...
The General Partnership
The General Partnership is a partnership the participants (General Partners) of which run a business on behalf of the partnership and bear the subsidiary responsibility under its commitment on a joint and several liability basis in
The time constrains for filing annual accounts.
Now the annual bookkeeping (financial) accounts should be presented to the tax and regional statistical authorities three months after the termination of the reported year at the latest, i.e. on or prior to March, 31.
Audit report is not a part of bookkeeping accounts too
Audit report is not a part of bookkeeping accounts too. Nevertheless it doesn’t cancel either the obligation to perform an audit for definite organizations or the obligation of these organizations to publish the audit report with the
Simplified bookkeeping accounts.
Simplified bookkeeping accounts.
Explanatory note.
Explanatory note is the information concurrent to the bookkeeping accounts. It is not an enclosure to the Bookkeeping balance sheet and the Income statement. I
Bookkeeping balance sheet (Form 1)
Bookkeeping balance sheet (Form 1) consists of 2 parts: assets and liabilities. The assets of the balance cover all the property the company has and the debts of contractors. These are the fixed assets, fictitious assets, resources,
Ways of presentation of bookkeeping and tax accounts
The presentation in electronic form Via an operator of electronic document flow.