Month: March 2025
swilar has won the Russian Business Guide. PEOPLE OF THE YEAR award
On March 26, for the seventh time in a row, the international magazine RBG, with the support of the Chamber of Commerce and Industry of the Russian Federation, held an award ceremony for the winners of the “Russian Business Guide. PEOPLE OF THE YEAR” award. Over the years of its existence, the award has gained wide popularity and support among the business community, becoming a significant award for domestic business, and has made an important contribution to the popularization and support of the business community. The status of the award is recognized both in Russia and abroad.
The award winners are not just successful entrepreneurs, public figures and opinion leaders, but also true innovators who make a significant contribution to the development of business and the economy of Russia.
The swilar Group of Companies was recognized as the winner in the nomination “Best HR and Outsourcing Services Provider”.
The managing partner of SVILAR, Daria Pogodina, highlighted the specifics of work in this area in an article in the latest issue of RGB:
“We see that in the conditions of general turbulence, company management wants and must focus on solving operational business problems and at the same time is forced to develop new strategies or make adjustments to the plans being implemented. Of course, this leaves its mark on the expectations of companies towards their business partners: not just to work out tasks or, in the case of, for example, accounting outsourcing, to reflect documents, but to proactively point out certain nuances and offer solution options. This fits perfectly into our concept of support, and this is precisely why, according to reviews, our clients value us. Of course, one of the most important areas of the past year was the constant monitoring of the situation with international payments and the search for the best solutions for clients. Performing, among other things, the functions of the treasury, we monitor and analyze the situation in this area with special attention.” We invite you to read the full article at the link.
We thank the organizers of the award for the high assessment of our work!
Cryptocurrency as a payment method
Daria Pogodina wrote an article for the Russian-Turkish Dialogue Association which reviews current issues of doing business between Russia and Turkey. The article covers key aspects of economic relations, legal issues, as well as the specifics of interaction in the field of international payments and taxation. Particular attention is paid to strategic areas for developing cooperation and potential risks that companies face when entering the Turkish market.
Situation with cross-border payments as of March 2025
Daria Pogodina presented a report on the topic “The situation with cross-border payments as of March 2025” in Lipetsk. During her speech Daria presented up-to-date information on the current state of cross-border settlements, including changes in the regulation of foreign exchange transactions and documentation requirements. Particular attention was paid to changes in international payment practices and the adaptation of businesses to new conditions. The report aroused interest among participants engaged in foreign economic activity.
Information on participants of a foreign organization for 2024 – submit before 03/28/2025
Dear Clients,
please pay attention that the term for submission of information on the participants of a foreign organization for 2024 expires on March 28th, 2025.
All foreign organizations and foreign structures without formation of a legal entity registered with tax authorities in the Russian Federation are obliged to inform the tax authorities of all direct participants and beneficiaries regardless of the share of participation, as well as of indirect participation of an individual or a public company (if their share exceeds 5%).
The above-mentioned information is to be submitted to the tax authority not later than on March 28th each year. An exception is foreign organizations that are registered with a Russian tax authority only for provision of services in electronic form.
Non-submission or late submission of the information entails a fine of RUB 50,000.
You can find our earlier publications on this issue here and here.
We will gladly support you in preparing and submitting information on the participants/beneficiaries of a foreign organization to the tax authorities.
Other news
26.05.2025
Important! Increase of fines for violations in the field of personal data processing
29.04.2025