How Running a Business in Russia & Hiring Foreigners Saves you Big Money

How Running a Business in Russia & Hiring Foreigners Saves you Big Money

Moving to a foreign country whose language you don’t speak can be overwhelming and daunting even for daily tasks. Setting up and running a business in a different country is infinitely more challenging. There’s the bureaucracy to push through, legal formalities, cultural differences when hiring personnel and seemingly countless other details to nail down. But…

How to lower your tax rate by moving your business to Russia

How to lower your tax rate by moving your business to Russia

Although Russia does have a very low flat income tax rate compared to many other countries, especially in Western Europe, companies in Russia do get hit with high rates when making social contributions for their employees as a whole. However, there is one area in which Russian companies can save big amounts of money when…

Why you should open a business in Russia (not only for self-employed)

Why you should open a business in Russia (not only for self-employed)

Do you know the saying, “One man’s loss is another man’s gain?” I feel it is awfully applicable to the current situation in Russia with a severely devalued Russian ruble, continued sanctions and falling oil prices. While many may be losing in the wake of the COVID-19 pandemic, it certainly doesn’t mean you cannot gain…

There’s a Russian Visa Even Better Than Residency or Citizenship. Which is it?

There’s a Russian Visa Even Better Than Residency or Citizenship. Which is it?

Having had almost every type of visa there is, I certainly know the woes of Russian visas. You have to get registered every time you enter Russia. Some visas limit you to single or double entries. What happens when you want to visit Russia a third time? You have to get a new visa. For…

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