Singapore Business Benefits: Understanding the Basics
You have probably already heard that the business in Singapore is extremely profitable. Among the main reasons, a favorable investment climate, humane taxation, state support programs for companies and easy…

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Russian offshore myths
What you need to know about offshore in order to protect your assets and increase them: we reveal the myths of offshore legislation and recommend what needs to be done…

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Simplification of the business structure: 5 reasons for enlarging a group of companies and 6 reasons not to do this
Structuring a business is usually associated with an increase in the number of companies in a group. There are many reasons for this. There are even more solutions to isolate…

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We include employees in co-owners – how not to harm yourself?

Sooner or later, any business is faced with the need to change its operational manager. The founding owners eventually move away from solving current issues, giving way to hired, young and daring managers. Often, to create additional motivation, this process is accompanied by the allocation of managers stakes in the company.

From the point of view of increasing the involvement and interest of a manager in a business, this is certainly the right step. However, trusting hired directors to resolve operational issues, it is necessary to retain the ability at any time to reverse the transfer of authority and ownership. After all, no one guarantees that having received a share in the business, the new co-owner will not decide to go to work somewhere else.

We show by a real example how the dependence of ownership of shares on the fulfillment of an employee’s labor function in one of our projects was ensured. Important: inclusion in co-owners was due to participation in management. Accordingly, when an employee is dismissed from the company, there must be grounds for depriving him of his share. Continue reading

Russian offshore myths

What you need to know about offshore in order to protect your assets and increase them: we reveal the myths of offshore legislation and recommend what needs to be done to preserve own funds and develop personal potential.
In 2019, perhaps, only someone who does not know how to read does not know what offshore is. However, you need to start with the terms. Therefore, in this article, offshore refers to countries that have tax privileges for foreign companies. In this regard, there are such comments: Continue reading

What debts are not written off in the bankruptcy of an individual

We hope that today business owners have no illusions that they are liable for the obligations of their company only to the extent of their contribution to its authorized capital. This has long been wrong. In confirmation – our Guide to subsidiary liability of owners and business leaders. Similarly, personal bankruptcy of an individual will not allow you to get rid of all debts. Including subsidiary.

Indeed, as a general rule, after settlements with creditors are completed, a citizen recognized as bankrupt is exempted from further execution of claims. Continue reading

Five wallets.
Structural and analytical management method (continued) So, we said that at the start of a business, while the revenue side is still not too large, current expenses usually exceed 20%…

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Surrender of dreams
My friend Svetlana is 53 years old. She became a small entrepreneur in 2007, when the President established a new professional holiday - Day of Russian Entrepreneurship. For 9 years…

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Finance and wallet
Today on TV you can often hear the phrase: "You need to live within our means!" In other words, you can’t spend more than you earn. This phrase is uttered…

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Salary, personal income tax
It is clear that in the total wage that the employee receives “on hand”, there is some basic basis, let us call it the salary necessary for a person to…

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