Inglourious end of litigation with Tinkoff Bank
A high-profile litigation between a simple client of a bank from Voronezh Dmitry Agarkov and Tinkoff Credit Systems (TCS) ended in a ceasefire. Dmitry Agarkov, who talentedly “unwound” the bank…

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Banks slip on their own cards
From January 1, the Federal Law "On the National Payment System" will enter into force. The document has claims from the banking community. The project involves obliging banks to return…

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Is Romney's son betraying his father for an investment?
The son of US presidential candidate Mitt Romney visited Moscow this week, writes The New York Times. One of the candidate’s five sons, Matthew Romney, allegedly was looking for Russian…

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100 facts about life and business from a venture investor

Alexander Zhurba, Managing Director and Co-Founder of Genezis Capital Fund, formulated 100 facts that he learned by the age of 27 about life and business. Recommended reading, it’s worth it.

1. Life and business consist of a large number of boring, boring and banal things, having done that, you suddenly get the very thing that you are not ashamed to give an interview about.

2. People are different, but basically want the same thing. Old Man Maslow was right.

3. Real values ​​are much harder to create than their appearance. For the second, you need only a good PR man and a lot of imagination. The first is usually more complicated – there are numbers.

4. People are lazy. They do not want to think, test and prepare. To finish, lose because of this a lot of things and do it right is more usual than doing it right from the very beginning. Continue reading

Bookkeeping for beginners

What are the principles of the organization’s accounting? How to properly build her work? Probably, any aspiring businessman who decided to open his own company, but who did not have a special accounting education, would ask himself such questions. There are more than enough theories on this subject: the number of legislative acts relating to this or that extent of this issue can confuse even the most advanced financial specialist. Let’s try to understand the basic concepts that a newly registered company is faced with in practice.

Accounting

Organization of accounting is the task of the leader. He must determine which of the employees will perform the functions of chief accountant. It may be the CEO himself. In the absence of a suitable employee, it is possible to conclude a contract for accounting and reporting with a company specializing in this matter. Continue reading

Trust relationships, their goals and key benefits. Why trust is the best solution for KIK

Entrepreneurs conducting activities not only in the national but also in the global business field have been forced in the past few years to adapt to the requirements of the updated legislation of the Russian Federation. First of all, we are talking about standards stipulating the work of controlled foreign companies. The adopted law expanded the range of tax residents of the Russian Federation and obliged all firms managed by Russians to pay taxes to the state budget. In this regard, the question arose of finding alternative tools for financial optimization and asset protection.

Entrepreneurs are forced to notify the tax authorities of the Russian Federation about their participation in companies established abroad. Sanctions for neglecting the requirements of the Law – 50 thousand rubles for each of the external companies (according to the Tax Code of the Russian Federation, article 129.6). However, if a Russian resident participates in a structure that does not form a legal entity, he may not submit information to the tax authorities about this. To take advantage of the disclaimer of norms, the following condition must be observed: participants must not belong to the founders and / or persons who control the structure and distribution of its profit. Continue reading

Do not count money - and you will be rich!
There are many magical rituals for money. But sometimes in everyday life we ​​perform the most ordinary, it would seem, actions that attract financial welfare or, on the contrary, make…

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The country's infrastructure is thirsty for investment
As part of the third day of Mosinterfin-2012, work began with a plenary strategic session "Attracting Investments in Infrastructure Projects in Russia: Actual Problems, Models of Solution". At the same…

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Bookkeeping for beginners
What are the principles of the organization’s accounting? How to properly build her work? Probably, any aspiring businessman who decided to open his own company, but who did not have…

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Time Travel: Chilean Blooper
Living conditions in Latin America are hardly comfortable. The economies of most countries in the region suffer from inflation, which for decades has remained at a high level. But there…

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